Tag Archives: Business Sale

Retirement Relief – Changes in 2025

Happy older couple

There are Retirement Relief changes in 2025. From 1 January 2025, Revenue will introduce some new rules. Why 2025 and not 2024? The thinking is that it allows business owners to benefit from the old rules. Some planning opportunities in 2024 before the changes in 2025 kick in. You’ll see what I mean below, at

Management Buy Out – Success Story

When you sell your business is a Management Buy Out an option? We look back at an MBO success story that we were privileged to be involved in. Ben and Jenny Fox own Fancy Goods Ltd which sells luxury products to wealthy individuals. They have a shop and a growing online presence. Vera and Katie

Cash in Your Company

Plan for success

Cash in Your Company – What to do with it? Have you cash in your company? Do you know what to do with it? What do the directors do with it and how do they make it work for them? The main points we will focus on are   Salary/Dividends Benefits Pension Invest Cash extraction

Transferring your Business to a Company

cash

We will look at the tax considerations of transferring your business to a company. The main points we will cover are Goodwill. Is there any? Sell your business for shares Sell your business for cash Potential Tax reliefs Other considerations Summary Goodwill. Is there any? Goodwill. You sell your business to a third party and

Creating a Valuable Business

Apple

Creating a valuable business to sell or pass on to the next generation. This was the theme for an early morning event with Waterford Chamber and PWC. Numbers were low and given the weather, it was a wonder anyone was there at all. Those of us who were got great benefit from the presentation by

Entrepreneurs Relief – Yes And No

Hello there from Tramore. I won’t lie it’s not the sunny southeast today. There are a few blackbirds huddled outside the window here, taking shelter. There are grumblings about the wind, the rain, and the expectation of Summer weather. Waiting to pounce for the rich pickings in the garden below. We took a spin up

Disposing of your Business – Company Liquidation

We have to give CJ Stander a mention. He announced his retirement in a dignified and understated manner. He could continue to play for another few years and earn great money. But for him, it isn’t about the money but a desire to return to his family in South Africa. Us ordinary Joes view the

Options To Exit My Business – Part 2

I am meandering my way through Sean Gallagher’s book ‘Secrets to Success’. The book is excellent. The focus is on the success stories of many Irish businesses that we know something about, but not a lot. I recently read about Done Deal. It was set up in 2005 by Fred Karlsson and his wife Geraldine

The Business Sale Journey

The Business Sale

Great to see the Deise Hurlers back to winning ways after the very disappointing 2019 season……..hopefully this will help to balance the Kilkenny / Waterford internal office banter J. It was a long 2019!!!! The Business Sale The sale of any business is not something that happens overnight. It is a journey and in some