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Retiring business owners

If you're now considering retirement you will also be considering what happens to your business when you retire. Whether you are passing on a family owned business, or thinking about selling your business to boost your retirement income, the Library's succession planning resources will help you to choose the best option for you and your business.

What's on this page?

  • eBooks
  • Briefings
  • Online articles
  • Small Business Update
  • Useful links
  • Books and articles from the library

Contact the Library

Expert help for your enquiries and research.

E  library@icaew.com

T  +44 (0)20 7920 8620
F  +44 (0)20 7920 8621

Featured eBook

Exit right: achieving a golden goodbye by realising the maximum value for your business
Pearson, Barry (Thorogood, 2004)

This book has been written to be of benefit to those business owners, group executives, accountants and lawyers who are likely to find themselves involved in selling a company.’ Chapters include how to consider the options; how to choose the time to sell; how to choose and use professional advisers; how to value a business for sale; how to find and handle prospective purchasers and how to eliminate losses before selling.

You will need to be logged-in to the website to read this eBook.

Featured article

Your guide to a smart retirement

Offers advice to business owners on succession planning. Includes common retirement misconceptions and tips for keeping a business in the family.

You will need to be logged in to the website to gain full access to the range of articles available online.

Briefings

Briefings are four-page guides from Atom Content Marketing written for the busy practitioner, director and entrepreneur providing concise, practical advice on core business issues.

Online articles

The library provides access to a range of articles in full text from leading business, finance and management journals. Access to articles is provided to logged-in ICAEW members, ACA students and other entitled users subject to suppliers' terms of use.

Retirement needn't mean selling your business

Discusses how retirees can attain financial independence without selling their small business.

Your guide to a smart retirement

Advice for business owners on succession planning including common retirement misconceptions and tips for keeping a business in the family.

Rethinking retirement and succession plans

Article on retirement and succession plans for business owners. Building an out is every business owner's responsibility. It's easier to plan if you think in long time frames. Defining needs is a good place to start. Work on options to sell and reasons for buyers to engage in buying the business.

Transfer of power

Article on succession planning for advisors who are nearing retirement. Without a dedicated succession plan, your firm could face anything from a tumultuous hand off to your successor to a significant drop in value. However, if you do adopt a succession plan before retirement to prepare for your exit, you may not only realise a better value for your practice, but you may also provide for the long-term stewardship of your firm, including your employees and clients.

Useful links

Selling your business: Your responsibilities
Advice from Gov.uk on your obligations when selling a company, partnership or sole trader business.

Selling your business and closing down
Series of guides from Gov.uk covering topics from closing limited companies to ceasing self-employment.

A guide to planning your retirement from your business
Article written by Clive Lewis, ICAEW's Head of Enterprise, which provides useful tips on exit planning, succession planning, business valuation and managing a successful transfer.

CABA: Retirement
Tips and advice from the Chartered Accountants' Benevolent Association on preparing for and managing your retirement.

The ICAEW Library also maintains pages on:

To find out how you can borrow books from the Library please see our guide to book loans.
You can obtain copies of articles or extracts of books and reports by post, fax or email through our document supply service.

Can't find what you are looking for?

If you're having trouble finding the information you need, ask the Library & Information Service. Contact us by telephone on +44 (0)20 7920 8620, by web chat or by email at library@icaew.com.

ICAEW accepts no responsibility for the content on any site to which a hypertext link from this site exists. The links are provided ‘as is’ with no warranty, express or implied, for the information provided within them. Please see the full copyright and disclaimer notice.