Succession & Exit Planning
Planning for the future of your business is just as important as running it successfully today. At JP Egan & Company, we help business owners take control of their long-term exit strategy — whether you plan to sell the company, transfer it to family, or retire with confidence.
For many Irish SMEs, the business is both the owner’s livelihood and most valuable asset. But without a clear succession or exit plan, owners risk financial loss, legal complications, or unplanned disruption. Our expert team helps you prepare for a smooth, tax-efficient transition — protecting the business you've worked hard to build and ensuring it continues to thrive beyond your involvement.
We take a comprehensive view of your situation, advising not just on tax and structure, but also on timing, business valuation, and how to prepare your company for sale or transfer. Whether you're planning to step away in the near future or just starting to think ahead, we’ll help you create a strategy that reflects your goals and protects your legacy.
Things to Know or Watch Out For with Succession & Exit Planning
- Exiting Without a Plan Can Be Costly
Without a structured plan, you may face unnecessary tax liabilities, undervalue your business, or struggle to find a suitable successor. - Passing a Business to Family Needs Planning
Transferring a company to a family member involves complex legal and tax considerations. We help ensure the transition is smooth, fair, and compliant. - Selling a Business Takes Time
Finding a buyer, preparing due diligence materials, and negotiating terms can take months or years. We help you get started early. - Valuation is More Than Just a Number
We help you understand what your business is worth — and more importantly, what you can do to improve that value before exit.
- Retirement Planning and Exit Should Go Hand-in-Hand
We coordinate your business exit with personal financial planning to ensure you have the income and structure you need post-exit. - Capital Gains Tax Reliefs May Be Available
Reliefs such as Retirement Relief or Entrepreneur Relief can significantly reduce tax on the sale or transfer of a business. Timing and structure are key. - Successors Need Support Too
We help mentor and prepare your successor — whether it’s a family member or management team — to take over with confidence. - Unexpected Events Happen
Having a documented plan protects your family, employees, and clients in the event of sudden illness or an unplanned exit.
JP Egan & Company
Frequently Asked Questions
Succession planning is the process of preparing for the future ownership or leadership of your business — whether through sale, transfer, or retirement.
Ideally 3–5 years before your intended exit. Early planning gives you time to increase value, train successors, and structure the exit tax-efficiently.
It depends on your age, business type, and how the transfer is structured. We advise on using Retirement Relief and other exemptions to minimise or eliminate tax.
Yes — understanding your business’s value is essential whether you’re selling, gifting, or restructuring. We provide clear, evidence-based valuations.
We guide you through the obligations under TUPE (Transfer of Undertakings) and help ensure a smooth transition for employees.
Yes — partial exits, management buyouts (MBOs), or phased handovers can all be part of a tailored plan. We help structure it to suit your needs.
No problem — we can advise on management buyouts, third-party sales, or preparing the business for acquisition by an external buyer.
Not at all — every business owner needs a plan, regardless of size. We work with sole traders, partnerships, and limited companies alike.
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