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LegalVision UK

Business Sale and Purchase

If you are looking at the next stage in your business journey, you may be ready to buy a business or sell your existing company. Business sales can be a daunting prospect. However, with careful planning and review, you can improve the outcome and reduce your risk.

When buying a business’ asset or a company, prospective buyers should:

  • undertake a due diligence process by gathering information about the business on offer;
  • find out about the business’ primary assets, who owns them, and whether there are any ongoing liabilities, such as tax liabilities, should you wish to make an asset purchase;
  • identify the employees within the business and understand the key terms in their employment contracts;
  • confirm if the business premises are suitable and will remain available; and
  • ensure the business is valued correctly, and the purchase price is accurate. 

When selling a business, business owners should:

  • get relevant documentation and intellectual property registration in place;
  • prepare for a buyer to undertake due diligence;
  • have an expert lawyer draft your sales agreements; and
  • where needed, inform parties such as landlords, suppliers, and or franchisors. You may need their permission to facilitate the sale.

Buying or selling business assets in the UK can be a complicated transaction. However, LegalVision’s experienced commercial lawyers can help reduce stress and manage the associated risks across the entire process.

Whether you are the buyer or seller, our commercial lawyers have experience with business purchases and sales across multiple industries. Our solicitors can provide specialist legal advice to help you with:

In addition to professional advice, our business solicitors offer price certainty, providing you with further peace of mind.

Contact our specialist solicitors today on 0808 196 8584 for a free quote or complete the form on this page.

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Our Services

Drafting and Reviewing Documents

We can draft and review all documents related to the business sale process, including Heads of Agreement, Asset Sale Agreement, Sale of Business Agreement, Share and Unit Sale Agreement and Share Sale Agreement.

Assisting with Negotiation and Settlement

We can assist with all aspects of the transaction, including settlement assistance and liaising with you and the other party’s legal team on the sales process. We can also prepare for your attendance at settlement.

Advising on the Sale Process

If you experience any issues during the business sale process, our team can advise you on the next best steps, whether related to the lease, a contract dispute or a breach of agreement.

What our clients say about us

Beany

Charlotte Wass , GM

LegalVision is always so quick to deal with requests and queries. They go above and beyond and offer support in areas I hadn't considered.
Tecman

Kevin Porter , Director

It's like having our own legal team for a fraction of the cost, and their response time has been impressive.
Just Cuts

Amber Turnbull , COO

LegalVision's lawyers maintain a consistently high quality of service, and their fixed-fee approach is a breath of fresh air.
Hamlin Studios

Luke Hamlin , Director

The team have been professional, knowledgeable and respectful throughout each meeting. Unlimited revisions and contracts made within one week.
Pinion Consulting

Laura Baird , Founder

The service is fantastic and all-encompassing! LegalVision has guided me through setting up and building a new company. I can't rate them more highly.
Bloblabs

Aaron Lee , Co-founder

LegalVision is a law firm made for today and the future. The turnaround times have been impressive. The overall experience is perfect.

How we help
our clients

  • Cost Certainty

    We offer our clients a range of pricing options to suit their needs and provide transparency around legal costs. Our membership offers unlimited legal services for an affordable monthly fee.

  • Specialist Lawyers

    LegalVision caters to a full range of commercial law needs. Our lawyers are specialists who bring extensive experience from working at leading law firms in Australia, the United Kingdom, New Zealand and across the world.

  • Responsive Timeframes

    We understand that timing is critical, particularly for businesses that have a large number of legal projects. LegalVision is committed to delivering our services within short timeframes that fit the commercial needs of our clients.

  • Custom Technology

    We have built our tech stack from the ground up. Our team of developers build technology to help streamline the workflow of our legal team and improve the client experience for our members.

We’re an award-winning law firm

  • Award

    2023 Economic Innovator of the Year Finalist - The Spectator

  • Award

    2023 Law Company of the Year Finalist - The Lawyer Awards

  • Award

    2023 Future of Legal Services Innovation - Legal Innovation Awards

  • Award

    2021 Fastest Growing Law Firm in APAC - Financial Times