B4
As a business owner you’ll reach a point when you wish (or need) to exit your business whether through a sale, a buy-out, or a planned succession. When this time comes the revenue from the transaction needs to match the financial requirements you need for your next venture be it retirement, a sabbatical or another business.
In B4 Issue 54 we introduced the finance debate with Tony Haines, Partner at leading Oxfordshire accountancy firm, Wenn Townsend. In October we had the first of a series of Finance Lunches where we discussed how we can engage with local banks to find out more about the way they operate and de-mystify the banking process.
Are you growing your business? Would you and the business benefit if it was less reliant on you? Could anyone in your business undertake any role in an emergency?
As is the case each year, the Budget announcement sets the tone as to how our economy could perform – from an Oxfordshire perspective, today’s news (22 November) from the Chancellor of the Exchequer reinforces our position as a key driver of ‘UK PLC’.
37,000 in grants have been awarded to local SMEs from the ELEVATE programme to boost start-up and growing enterprises. Businesses can now apply for a second round of grants: deadline November 30th.