It’s always a good idea to plan your business sale well before you may wish to start the process. However, for everything to run smoothly, you’ll need to know what you need to keep in mind, so here is a list of considerations. Why Do You Want To Sell? You need to...
Having just announced his withdrawal from his deal worth £36 billion to take over Twitter, Elon Musk’s reason for pulling out of the purchase was an alleged “adverse event”. Essentially, he claimed the platform had misrepresented matters and had failed to supply...
Traditionally, new entrants to markets have used joint ventures for several reasons. Often, one party has more experience in supplying certain skills and the other may have a wider number of contacts in the sector, or two individuals who have worked together to...
If you’re considering purchasing a business, you need a solicitor you can trust. It is often a daunting prospect to buy a business, with many complex legal matters to handle. However, with the right solicitor on board, you can be confident that the transaction will...
It’s no secret that big business has slowly but surely swallowed up smaller competitors over the decades. National supermarket chains like Asda and Tesco have overtaken small local grocers and shops, large clothing stores like Primark have brought cheap and cheerful...
Pharmacy transactions can often be a prosperous investment for entrepreneurs who are willing to put in the hard work. Given that healthcare demand is constant (rather than seasonal), there is often a good business case for owning a pharmacy. However, setting up a new...
The importance of the Disclosure Letter from the seller’s point of view. We answer your frequently asked questions in this article.
What are they?
Will they benefit me?
What are their drawbacks?
We answer your questions on CLN.
It’s not uncommon for sellers to think that a sale is as good as complete once the heads of terms are signed. However, signing heads of terms (also known as letters of intent or memoranda of understanding) is only the first step in starting negotiations for a sale and purchase agreement (SPA).
For most business owners, their long-term goal is to expand the business they’ve built, and many turn to mergers and acquisitions (M&A) as a route for fuelling business growth. However, M&A typically entails an intensive upheaval process; the only way to ensure that this upheaval will be worthwhile is by carefully managing the merger or acquisition from the outset, and adopting the right strategy.
The UK is an increasingly attractive destination for overseas investors seeking lucrative business opportunities. This is largely thanks to the UK’s welcoming business climate and well-established legal precedents for foreign mergers and acquisitions.
The best way to prepare for the sale of your business is to be well informed: this will allow you to take the necessary steps to get the highest possible sale price for your business. With this in mind, our experienced solicitors have compiled an overview of the key points to consider when preparing to sell your business.
TUPE is an acronym for the Transfer of Undertakings (Protection of Employees) Regulations, which are designed to protect employees if the business they work for changes ownership or if there is any change in service provisions.
Due diligence is an integral part of any acquisition, allowing the buyer to thoroughly investigate every facet of a target company in order to ascertain its true worth. Here, we explain why investigating the social media worth of a target company should be a core component of the due diligence process.
Although it seems a long way off when you’re starting up, your exit strategy is one of the most important aspects to consider when building your business. A suitable exit strategy must be planned well in advance so that all of the necessary elements, like succession planning and appropriate pension schemes, can be put in place.
