When to consider a controlled exit?
There are times when business partnerships or company structures reach a natural end point. This may occur due to retirement, interstate relocation, changes in personal circumstances, or a shift in long-term goals. Shareholders may wish to realise the value of their investment and transition to the next stage of their careers.
A controlled exit is also suitable when a director has lost passion for the business, no longer wishes to continue in their current role, or wants to step away without the pressure of ongoing trading and mounting obligations. In these situations, a controlled exit provides a structured and managed way to wind down operations, protect value, and ensure all final matters are handled properly.
It allows directors and shareholders to move on with clarity, confidence, and the comfort of knowing the exit was carried out in a safe and orderly manner.
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What is a Controlled Exit?
A controlled exit is a structured way for a director or shareholder to step away from a business while ensuring the process is orderly, compliant, and achieves the best outcome for everyone involved. While some exits can occur through a simple share sale, this does not always provide the finality or protection needed.
Simply closing the doors and walking away also creates risk and may result in poor outcomes for staff, creditors, and the business owner. A controlled exit allows the business to be wound down in a planned and managed way so that obligations are handled properly and value is preserved wherever possible.
Our focus is to maximise the return from the realisation of the company’s assets. Collecting outstanding debts before formal liquidation often results in a better return, as liquidators typically find it harder to recover debts once appointed. Similarly, directors can often achieve better value when selling business assets directly to a willing purchaser rather than relying on a liquidator’s auction process.
There are many practical tasks involved in closing a business, such as cancelling utilities, ending service agreements, finalising employee matters, issuing PAYG Summaries, and managing contracts and subscriptions. These tasks can be overwhelming when handled alone.
With a controlled exit, we guide you through each step. Our experience, systems, and support help reduce stress, ensure obligations are finalised correctly, and allow you to move on to the next stage of your life with clarity and confidence.