Buying and Selling a Small Business

Buying and Selling a Small Business

We provide legal services for buyers and sellers of business premises and unincorporated small businesses.  Whether you are buying or selling, we can help you with all aspects of the process from the actual property requisition through to the fixtures and fittings - and everything in between.  Our clients represent a diverse range of small business, from pubs to shops, small offices to nursing homes, and from garages to market gardens.  

 

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When buying or selling a small business there are several things that you need to consider including the speed of the transaction, pitfalls that may occur and that you have the right support throughout the transfer process.  This is where our small business team, with support from other specialist departments in the firm, can help you.

There are many complex areas where it is important to have the benefit of expert advice, such as employment, contract obligations, surveys, licensing, planning, finance, on going liabilities, guarantees etc.  Where necessary we will call on our various specialist support teams to ensure the smooth transition of your sale/purchase.

When you are selling a small business, timing is crucial in bringing your sale to an early conclusion. With this in mind we will collate as much information as possible at the outset to submit with the contract papers in order to limit the number of enquiries that buyers may raise.

When you are buying, we appreciate that you probably want to complete the transaction quickly and therefore our team will act with this very much in mind.

Whether buying or selling a small business it is important that the contract obligations represent our client’s intentions. We ensure that the necessary safeguards are in place to protect your interests.  

Buying your dream business?

Many people dream of quitting the rat race to set up in business by themselves. Some of the most popular choices are to buy a pub, a  shop or a small business. However, there are numerous pitfalls into which the unwary can stumble and which can end up costing you thousands of pounds over and above your original investment. We’ll help you through the process so that you do not encounter any nasty surprises.

Call us to find out how we can help you make that dream a reality.

If you would like more information about the buying and selling a small business please contact Chris Meredith or Sat Bhandal.