What Do I Need To Know About Buying a Business?
Buying a business is a huge life decision that can have long term financial consequences for you or your business.
An incorrectly negotiated contract can mean that you do not buy all of the business assets that you thought you were buying, and can result in the business not running the same way you had envisaged, resulting in the loss of potential profits.
A good contract will make sure that the terms of the sale are correctly stated, including the timelines for the transaction, what is included in the sale, and the rights and responsibilities of each party. A good contract will also make sure that the seller won’t be able to re-open the business in a few months and take all of their customers back.
We’ve helped our clients buy and sell bars, pubs, restaurants, salons, gyms, retail shops, wholesale and manufacturing enterprises, online businesses, professional services practices, rent rolls, post offices and pretty much anything in between.
Our expert commercial lawyers have decades of experience and would love to help you with your business acquisition.
Give us a call or submit an enquiry today.
