Buying or selling a business is always a significant event for the parties involved. Regardless of the business on offer, there will be legal issues and processes to look out for in the transaction. Seeking the advice of a specialist lawyer will take some of the complexity out of your business sale journey, and make sure that your interests are protected, both during the sale process and once the deal has been done.
As a buyer or purchaser, your main goals are to understand as much as possible about the business you are buying, to make sure the business performs as promised by the seller and to protect yourself against the seller setting up shop in competition against you. As a seller or vendor, you’ll want to secure a great return on your business and to avoid taking on unnecessary liabilities once the business is out of your hands. For both parties, closing a deal quickly can be crucial, so that you can start focusing on your new business – or the next one!
These articles from LegalVision’s specialist lawyers contain accessible information to guide you through the sale or purchase of a business. Our Sale of Business Team brings a wealth of experience from having supported clients in the sale and purchase of businesses across a wide range of industries. Before putting your business on the market — or starting your search for a new business to buy – read our articles to get across the important issues.