I spend a fair amount of time on the island of Jersey. Lying 120 kilometers or so from mainland Britain and only measuring 119.5km2, it’s business landscape is very interesting.

Given the significance of this event and its lasting impact, it’s alarming how little time and effort many business owners spend on preparing the business for sale.

This is a complete guide to the legal requirements for setting up or buying a business in Jersey.

If you’re looking at selling all of the business, the valuation will be based on what is left once you have gone. Therefore, it makes sense to transfer both your expertise and skills to the management team. Under your guidance, have them speak to your customers

The best advice we can give business owners is that you need to plan your business exit strategy at least three years in advance. You would be amazed just how many business owners forget.

If you’re looking at selling all of the business, the valuation will be based on what is left once you have gone. Therefore, it makes sense to transfer both your expertise and skills to the management team. Under your guidance, have them speak to your customers

The best advice we can give business owners is that you need to plan your business exit strategy at least three years in advance. You would be amazed just how many business owners forget.