Are you thinking or selling your salon or barbershop? If so, you’ll want to get a fair deal and maximise the return on all the hard work you’ve put into building up your business. You may just be opening your business, but it will be important to consider an exit strategy within your business plan and prepare for your future.
Download our selling your business guide as your first step in preparation.
This section covers:
Selling your business guide
- 24/7 employment HR helpline
- Tax helpline
- VAT helpline
- Payroll helpline
- Up to £50,000 automatic legal/accountancy expenses insurance cover*
Employment law support:
- 24/7 employment law advice helpline
- Up to £50,000 automatic legal expenses insurance cover for employment and tax disputes*
- Advice and support on redundancies or TUPE
Remember: our employment and business helpline can help you with difficult business decisions and process don’t go it alone. We’re here to support you every step of the way.
Please see below typical scenarios that we help our members with daily:
Where to start:
Q: I am thinking of selling my business. Where do I start?
A: Start by reading our selling your business guide. This guide is free for Members and will probably answer a few questions that you’ve been going over and over.
Q: I want to retire in a few years is there anything I should be doing now to prepare?
A: It’s important to have an exit strategy in place. We can go through some of the areas you should be thinking of to ensure that you’ve incorporated this in your business plan.
Q: I am selling my salon what will happen to my staff?
A: We will provide you advice on redundancies or if you’re selling the salon as a salon then advice on TUPE.
NBF Membership is open to all beauty salons and costs from just £147 for Solo Members. Why not join the NBF today or call us on 01234 831965 or email us? We’re here to answer your questions and chat to you about how NBF membership will benefit your hair or beauty business.
Already an NBF Member? To learn more about the support the NBF offers your business just login, call one of our Membership Team on 01234 831965 or email us with your questions. We’re here to help you run a successful business.
*Important information about your legal expenses cover:
Worried about lawyers’ costs? As an NBF Member you are automatically registered in our Commercial Legal Expenses Scheme for employment and tax disputes.
This cover (free and part of your membership benefits) will pay your business legal costs up to £50,000*. The comprehensive cover extends to solicitors’ and barristers’ fees, court costs, expenses for Expert Witness and accountants’ fees (subject to normal policy terms, conditions and limitations being met). The policy may also pay the costs of appealing or defending an appeal.
The first £250 of costs and expenses in respect of any claim must be paid by you direct to the representative appointed to act for you as soon as a claim is accepted.