Selling a Business

Selling a Business: The Key Legal Stages

Deciding to sell your business is one of the most significant decisions you will ever make. Getting the process right requires careful planning, the right professional team, and a clear understanding of what lies ahead. From the first preparations to the final handover, the journey typically takes between three and six months, and the legal process is central to every stage. The preparations may take longer especially if a pre-sale reorganisation is required to hive-out the business and assets into an SPV whose shares are then to be sold. This…

Due Diligence

Due Diligence: What Every Business Owner Needs to Know

Whether you are acquiring a business, entering into a partnership, taking on an investor, or signing a significant commercial contract, due diligence is the process that safeguards you making an uninformed decision. In simple terms, it is the comprehensive research, audit and analysis you undertake before committing to a significant transaction. When done well, it confirms what you have been given, uncovers risks that may not be immediately apparent, and equips you to negotiate from a position of strength. In England and Wales, the principle of caveat emptor (buyer beware)…

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