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Welcome to Episode 38 of Magic Moments ✨
This week's Moment is for all the entrepreneurs out there who might sell their business one day - even if it's not on your radar right now.
In this episode, I sat down with Tej Gill, our go-to guy for all things tax and finance, and we went deep on what it really means to build a business that's ready to sell.
We're getting into the juicy stuff - how to cash out smart - AND make sure you keep as much of that money as possible.
We talked about why selling your business doesn't have to mean the end of the road - it can be the door to something new (or even early retirement if you fancy).
But more importantly, Tej explained how Business Asset Disposal Relief (BADR) can be a total game-changer when it comes to tax. Imagine selling your business and only paying 10% tax on that gain?
Even if you're not thinking about selling now, structuring your business with an exit in mind can massively boost profitability, cut your workload, and give you options if life takes an unexpected turn.
Loved this chat with Tej - straightforward, no fluff, and packed with stuff most business owners never hear until it's too late.
Did you enjoy this Magic Moment? Click here to listen to the full episode.
By Joshua KeeganWelcome to Episode 38 of Magic Moments ✨
This week's Moment is for all the entrepreneurs out there who might sell their business one day - even if it's not on your radar right now.
In this episode, I sat down with Tej Gill, our go-to guy for all things tax and finance, and we went deep on what it really means to build a business that's ready to sell.
We're getting into the juicy stuff - how to cash out smart - AND make sure you keep as much of that money as possible.
We talked about why selling your business doesn't have to mean the end of the road - it can be the door to something new (or even early retirement if you fancy).
But more importantly, Tej explained how Business Asset Disposal Relief (BADR) can be a total game-changer when it comes to tax. Imagine selling your business and only paying 10% tax on that gain?
Even if you're not thinking about selling now, structuring your business with an exit in mind can massively boost profitability, cut your workload, and give you options if life takes an unexpected turn.
Loved this chat with Tej - straightforward, no fluff, and packed with stuff most business owners never hear until it's too late.
Did you enjoy this Magic Moment? Click here to listen to the full episode.

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