business healthBusiness health checkChapman Upchurchselling business

Business health check

business healthWith the end of the tax year approaching, check your systems and documentation now and plug any gaps.

A good approach is to dig out the EOY checklist you got from us last year and use it identify any information you need to start gathering now.

That way, you won’t be rushing frantically later when we need the information.

Take Rob Young’s advice and check that your business is fit for sale.

If it relies fully on you, plan a one-month holiday in a year’s time and start setting things up to run without you.

Ask us and your lawyer what we’d do differently if we were you.

And focus on profitability rather than minimising your tax liability.