Selling your company or business
Our business services solicitors have many years of experience in handling business sales for a wide range of clients selling a wide range of businesses. We are here to help and guide clients through the process.
What is the process for selling your business?
When selling a business, there is a fairly standard process in place:
- The buyer will normally raise a number of legal and financial due diligence enquiries which as a seller you will be asked to complete.
- The buyer’s solicitor will draft the Sale Contract. The Sale Contract provides for the purchase price to be paid by the buyer, how the purchase price is to be paid, what documents are to be handed over on completion, how the liabilities of the business are to be dealt with, how the employees will transfer, any restrictive covenants and obligations after completion.
- The seller will disclose to the buyer any issues which he is aware of in respect of the business.
At Ironmonger Curtis our corporate solicitors have years of experience dealing with business sales and acquisitions. Please email firstname.lastname@example.org or call 08452252635 for more information.