January 6, 2015

Wiltshire Business Agenda – Issue 5 [January 2015: When it’s time to sell up and move on]

The Wiltshire Business Agenda is a bi-monthly feature run by the commercial teams in Withy King’s Swindon and Marlborough offices in association with Wiltshire Business magazine, Wiltshire Gazette & Herald and The Wiltshire Times. The features are designed to highlight the issues which are keeping many businesses awake at night and a provide a platform for constructive debate.

We would welcome your involvement. If you are based in Wiltshire and would like to contribute to the feature, please email your name, business name and contact details to [email protected]

In this feature: When it’s time to sell up and move on

Selling a business which you have spent years building can be a difficult and emotional task not to mention time consuming.

However with the right support and guidance, it’s a worthwhile and enriching journey, according to former park home estates owner, Jacki Rodikis, who recently  sold her company.

Based in Swindon, the company ran two park home estates which Jacki bought in the 1970s and developed over the next 40 years, while raising three children and  writing her autobiography ‘Because You Are A Woman’.

“I had been thinking about retiring for  several years when I suddenly reached that pivotal moment when the time was right to sell,” explained Jacki. “I approached a couple of agents who specialised in park  home estates and they gave me a good indication of what the business was likely to achieve in the market. I then talked to my accountant about the tax implications before speaking to an independent financial advisor about whether the remaining proceeds would generate enough of an income to allow me to retire

Click here to read more in the issue

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