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Buy/ Selling Businesses
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Supporting You Through Your Business Journey
Engaging in the purchase or sale of a business holds the potential for long-term impacts on your lifestyle. Opting for the guidance of a solicitor during this process serves as a crucial measure to sidestep unnecessary stress and potential financial or legal complications. Webb Legal brings a wealth of experience to the table, having played a key role in numerous business sales and purchases. Whether you're seeking assistance in the transaction itself or navigating challenges that may arise, Webb Legal is well-equipped to provide the support you need, ensuring a smoother and more secure business transition.
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Contact Our Firm
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Book a meeting
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provide instructions and background information
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Receive Tailored Advice
The purchasing or sale of a business includes the following legal facets:
Webb legal is supporting you every step of the way
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Vendor disclosure
There must be no misleading or deceptive conduct or statements when selling a business.
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Structure of ownership
The structure of ownership and the cost of establishing it are important when considering purchasing a business. This includes whether the business should be purchased as a sole trader, partnership, company or trust.
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Taxation and Asset protection
Effective taxation strategies are integral to safeguarding assets and ensuring financial security for individuals and businesses.
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Documentation
The sale or purchase of a business should involve non-disclosure or confidentiality agreements, various conditions for contracts such as cooling off, finance, licensing and more.
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Party to the agreement
In some cases the vendor may not have the legal right to be selling the business, acting through a solicitor removes this worry.
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What is being transferred
When selling or purchasing it is important to know what is being sold. This may or may not include names, assets, premises or many other items