articles: owner managed business

Succession planning: considering the future of your business

Our latest owner managed business report ‘Powered by people and technology in 2018: the manufacturing & engineering sector view’ finds that almost a third (28%) of owner managed businesses are certain or very likely to review their succession plans during the course of this year, but many may not be aware of the full range of options available when considering the future of their business

Retirement postponed! Lack of exit strategy a problem for SME directors

A growing number of SME company directors are now stuck running their businesses into their 70s instead of retiring, as they haven’t planned their exit early enough. 

Our latest research reveals that one in eight (12.3%) directors of small and medium-sized businesses are aged 70 or over – some 73,430 people in 2017/18*. This is up from 72,400 SME directors over 70 the previous year. 
 

Powered by people and technology in 2018: the technology sector view

Our survey, completed by 652 business leaders from across the UK, reveals remarkable resilience amongst owner managed businesses (OMBs) with many performing better than expected last year. This view is shared in the tech sector where businesses have more confidence this year, reflecting recovery from the Brexit referendum result. 75% of technology OMBs are somewhat or very confident about the general outlook for 2018 – up from 67% in last year’s survey.

Unlocking the value in your business

A partial exit can be an ideal way to release some of the equity you have built up in your business. It can also inject additional funds to really drive your business forward. But make sure you think through all the implications before you act.

Zero rate tax allowances: Use them or lose them

Did you know that from 6 April 2016 all taxpayers have been able to pay 0% tax on up to £5,000 of dividend income each tax year? In addition, basic rate taxpayers can pay 0% tax on up to £1,000 of interest income each tax year, whilst higher rate taxpayers can pay 0% tax on up to £500 of interest income each tax year.

The Budget 2016 – video summary

A sugar-coated Budget for the next generation

In the uncertain global economic environment, the Chancellor’s deficit-reduction goals have become more challenging. But he still managed to strike an up-beat tone when delivering “a Budget that puts the next generation first”.

Cog:ent workshop series: Winning the war for Talent

Moore Stephens, in partnership with Telos Partners and HSBC, host the second series of Cog:ent. Cog:ent is a free two year programme of quarterly thought leadership workshops, helping ambitious business owners to build successful and sustainable businesses against the background of an improving economic climate. Cog:ent is aimed at key decision makers, such as the chief executives and managing directors of ambitious, growing owner managed businesses in the Thames Valley.

An Autumn Statement for “rebuilding Britain”

Five years since delivering his first spending review, George Osborne spent over an hour delivering his 2015 Autumn Statement. He repeatedly stated the Government’s intent to build public services, infrastructure, national defences and strong public finances.