What’s involved?

Buying and selling a business is often so deeply complex that anyone may find it difficult to navigate through the process.

There are many possible issues. You may want to be on guard to protect your interests or simply want to make the transition as smooth as possible. Here are just some of the issues we have eased people through in the past:

Agreements

  • Confidentiality agreement
  • Verbal or “Gentlemen’s” agreement
  • Heads of Terms or Heads of Agreement
  • Asset Sale Agreement or Asset Purchase Agreement
  • Property Transfers and Leases

Finance

  • Valuation
  • Acquisitions and disposals
  • Shares purchase
  • Assets purchase

Duties

  • Due diligence
  • Transfer of Undertakings
  • Disclosure Letter

Get practical advice

While it’s normal to try to move through the process as fast as possible, it’s important to not feel pressured into a deal. It can benefit both parties to take legal advice from an independent solicitor and to work through all of the details.

Timing, preparation, and a sense of certainty for the future are essential when you are buying or selling a business. So when you want to know the right thing to do in your situation, get in touch with Davis Blank Furniss.

Our team of legal experts will help you understand the right course of action to take. You’ll get help to know what’s right for both you and your business with our guidance through the law.