Selling a business is your moment to make a difference

Karen Morris of the Community Foundation for Lancashire

The decision to sell your business can be life-changing and as you reach this key milestone you’ll also be thinking about, and planning for, the future.

You will soon benefit from having more time and resources and may be thinking how you can now use this for the greater good.

You may have something you are passionate about, and have the ability to make a real difference, should you choose to do so.

However, you will need to act quickly, as the time window for making tax-efficient donations is limited.

It’s always worth considering how you would wish to act before embarking upon the sale process.

But sometimes business exit opportunities can come together very quickly, and so charitable planning conversations may need to be fast-tracked in order that you receive any charitable tax deduction due to you.

Your team of professional advisors should be able to provide bespoke advice to you around this.

Our role is to support individuals and business owners to make informed charitable investment decisions, and our team can help you explore the options open to you.

Like any financial decision, you will want to see your return on investment, and the positive social impact your giving has made. This is all part of our bespoke service.

We provide charitable giving expertise, sound management, and regular impact reporting, whilst connecting you to community groups who will ensure your investment makes a difference to the lives of those within Lancashire.

Tax-smart, strategic philanthropy can be a powerful way for you to leverage the sale of your business for good. Don’t miss this moment to make a difference.

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