If you are considering buying or selling a business (or part of it), we can help with the legal side of the transaction to make sure everything goes as smoothly as possible. Our commercial lawyers are skilled at dealing with the issues and challenges that can arise during all stages of the business sale and purchase process, from initial due diligence to settlement and beyond. Whether you are selling or buying, and no matter if the business is small or large, we can help protect your interests, minimise risk, and reduce stress by providing pragmatic and cost-effective legal advice.
We always recommend our clients have business sale and purchase contracts reviewed by a lawyer before signing. As part of this process, we can either review an agreement that has already been prepared, for example by a business broker acting for the vendor, or prepare an agreement from scratch to suit the particular transaction.
Being involved at this early stage, or even earlier to assist with due diligence and negotiation, can help to ensure our clients are agreeing terms, conditions, warranties, and undertakings that are as favourable as possible. It also reduces the likelihood of surprises in the fine print.
We often work with business brokers, chartered accountants, and other professional advisers as part of the sale and purchase process. Our pragmatic approach to dealing with these advisers minimises the risk of legal impediments, while ensuring our clients receive the specialist advice they need, particularly relating to taxation.
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