Buying your optical practice is exciting, but it can also be very stressful. Even when businesses look similar on paper, the buying experiences may differ wildly. There are several factors to keep in mind, and here, we look at some top tips to help you minimise the...
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Optician
Share or Asset Sale? A Top Consideration When Selling Your Optical Practice
When you’re selling your optical practice, there’s a lot to keep in mind, but one of the top considerations has to be whether you want a share or asset sale. Deciding the kind of transaction to use depends on your circumstances and knowing the differences between both...
You Should Not Sell Your Business Without Considering These 5 Steps
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.
What is TUPE?
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 in the 21st Century: The value of social media
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.
4 Exit Strategies and Why It’s Critical for Your Business to Choose the Right One
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.