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Business Exit Strategy Checklist 

Selling a business can be an extremely stressful yet exciting experience.  Whether you are considering your business exit strategy for personal reasons like retirement or a new venture, or as part of a management team that is likely to profit from selling at the right time, it is imperative that you are aware of what is involved in the sale process and have a strategy to approach it, before jumping straight in. 

Exit strategy checklist 

Our corporate and business lawyers specialise in buying and selling companies and businesses of different sizes across many industries, throughout the UK.

We have put together a simple ‘Top Tips’ checklist to help you maximise your business’ value whilst minimising risk during the sales process.  From thinking about selling to the completion of the sale, the following steps are summarised in our checklist and will help to guide you to formulate your strategy: 

  1. Set clear objectives
  2. Consider timing
  3. Gain internal ‘buy-in’
  4. Use experienced advisers to help with the process
  5. Get your ‘party frock’ on
  6. Targeting potential purchasers
  7. Preferred buyer selection and due diligence process
  8. Documenting the sale
  9. Completion

 For key points under each step, you can download the full exit strategy checklist here: 

Selling Your Company/Business: Exit Strategy Checklist 

Legal advice about selling a business 

For advice about company and business sales, contact a member of our specialist corporate and business law team at our East Midlands head office in Leicester.  Call a member of the team to have someone answer your questions today:

Tim Gladdle: 0116 2045 304

Ian Lewis: 0116 2045 305

Toby Preston: 0116 2045 330

Bray & Bray's experts don't just dip in and out of different areas of law – all our lawyers specialise in certain areas and have the knowledge and confidence to take on any kind of case in their area of law. Contact us and we'll work alongside you from start to finish.

We know that when our clients are dealing with a stressful legal situation the last thing they need is to be confused by jargon, or made uncomfortable by stuffy professionals. Our plain speaking transparent approach puts people at ease and we're really proud of it.

We offer a complete range of legal services, from personal injury to family law, criminal defence and immigration. We have expert teams of lawyers working in all legal areas, and you'll never work with anyone who isn't fully versed in the relevant laws.

We're based in Leicester and the county but we serve clients nationwide, so don't hesitate to get in touch if you're based some distance away. We do everything we can to make things simple for clients based elsewhere – we'll keep in touch via phone and email, and we'll come and visit you should we need to.

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