Preparing to Sell the Business

Some clients are clear: they want to grow their business with the goal of selling it in the next few years. But the connection between how much they draw now and the value of the business later is rarely explored in personal tax planning. With Tax Torch, you can model lower drawings now to support that goal, while still showing them what that means for personal income and tax.

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• Add client’s usual remuneration setup.
  
• Use the Goals Tool to add: “Sell business in 3 years”.
  
• Create a duplicate scenario with lower dividends.
  
• Compare tax impact and retained earnings side-by-side.
• Open discussion with the client about trade-offs and strategy.

• When clients mention plans to sell or exit the business
  
• During annual planning meetings
  
• To align remuneration with future value creation goals