Buying and Selling Businesses
Whether you are starting up in business from scratch, or buying a business from an existing owner, there is always a risk that you may discover something which can have an adverse effect on its success.
Our partners and staff have been in business for many years, and have advised numerous clients in different sectors on what they can expect and what to look for in setting up or buying a business.
In acquiring a business, you can undertake the commercial checking or due diligence yourself, but it is invariably essential that you also complete a financial and legal review of the business, before you proceed, to ensure that you limit your risk which you may be inheriting from the previous owner.
Similarly, when a business is being sold, our experience can help you manage what can be a trying experience by:
- understanding the process
- understanding your wishes and goals
- helping to manage the frustrations with the buyer and their advisers
- working with fellow professionals to shape the deal
- and of course, to plan the disposal so as to minimise taxation liabilities
We have years of experience in advising on the type of sales activity experienced by privately owned businesses, be they sole traders or unquoted groups of companies, at competitive levels of cost.
Give us a call in confidence if you are planning any activity; we're certain we can help and guide you to a satisfactory conclusion.
