|
Lawdit is a commercial law firm comprised of solicitors who specialise in Buying a Business and Selling a Business. We offer a fast, friendly and efficient service at competitive fixed fees with national and international coverage. We are able to advise you in relation to share sales, asset sales and internet business transfers.
Buying or selling a business is a complex task and requires both skill and experience to identify potential pitfalls and to provide innovative solutions. The sheer volume of issues to consider, in addition to the repercussions of failing to meet certain obligations, means it makes sense to instruct a law firm that possesses a reputation for excellence and is able to draw on the experience of its experts to offer you both legal and practical advice.
Lawdit Solicitors are able to identify the relevant issues and to deal with them accordingly. We can ensure the legal formalities are properly completed and our tax and accounting experts will ensure that the financial issues have been considered with your best interests in mind. We pride ourselves on looking beyond a single transaction and will always seek to ensure there are no issues which might cause problems at a later time.
Lawdit offers a renowned comprehensive service at competitive fixed fees. We are able to discuss matters with you before you formally enter into negotiations and can help you to obtain a realistic valuation for the business you are looking to buy or sell. In relation to sales involving companies, we can talk you through the advantages and disadvantages of share sales against assets sales, the tax consequences for each and the best options available to you with your business goals in mind.
Lawdit is able to utilise its experience in buying and selling businesses by offering you an upfront fixed fee quote for your transaction, fully inclusive of expenses and free of any hidden costs or charges. Our fixed fee quotes will set out the scope of our work and will not be increased at a later date, no matter how long your transaction takes to complete. Our transparent costs structure, together with our innovative approach and depth of experience, has enabled us to help numerous national and international businesses and to establish a reputation built on excellence.
Lawdit is able to combine its wealth of experience with a fresh and innovative outlook. We are pleased to offer you a complete business purchase or disposal service that structures your transaction with your long-term goals in mind. We are also able to advise you on related issues, such as the transfer or retention of intellectual property rights and the availability of escrow services. Your transaction may also include a number of separate legal issues, including the transfer of commercial property, employment law issues and tax considerations which require the input of specialists from those areas. Lawdit is able to coordinate its team of experts from various disciplines and to offer their services to your transaction at no extra cost.
Lawdit Solicitors are able to draft a business sale and purchase agreement that is specific to your transaction and to negotiate terms that look after your interests, address your concerns and offer you long-term protection. Our team of solicitors will ensure the price you are seeking to pay is fair, having considered the value of equipment, stock and goodwill, as well as looking carefully at the assets that are excluded from the sale and their impact on the overall transaction. We will also investigate whether any equipment or services are leased or held under the terms of a hire-purchase agreement and whether these will pass with the business.
We will investigate the liabilities of the business, ensuring these are brought to your attention, are apportioned fairly between the parties and that your business plan is able to take account of them. Lawdit will also seek warranties in relation to, amongst other matters, the profitability and liabilities of the company, thereby ensuring the other party is bound the representations it makes during negotiations. Where the other party is seeking warranties from you, we will ensure these are fair and that appropriate limitations are placed on them.
Lawdit will also ensure you are aware of your obligations to any existing employees, whose employment contracts will be transferred together with the business. We will carry out thorough investigations in relation to the transfer of any commercial property, whether freehold or leasehold, and will advise you in relation to its title, the terms under which it is to be held and any restrictive covenants that may affect the running of your business.
Lawdit offers unrivalled expertise in the buying and selling of internet businesses. We understand the purchase and disposal of web businesses presents a different set of challenges compared to the buying and selling of traditional businesses, having worked closely with both internet start ups and established web enterprises.
Our intellectual property experts are able to advise you on whether intellectual property rights should be passed on or retained, in addition to advising in relation to domain name rights and their transfer to the purchaser. Lawdit’s team of commercial solicitors also possess the experience to advise you in relation to data protection rights and privacy obligations, particularly where a transaction involves the transfer of a subscriber list or customer database.
In addition to these specific challenges, the traditional considerations of the sale price, assets and liabilities, profitability and employment law issues will also need to be addressed and our solicitors will be sure to keep you informed at every stage of the transaction.
We have significant experience of advising retail businesses and fast food franchises, in addition to specialised knowledge of biotech, pharmaceutical, legal, accounting and IT based businesses. Our commercial team is able to advise you on:
Advice to directors, investors, partners and shareholders Agency agreements Business sales and purchases Commercial contracts Commercial property Company formation Confidentiality agreements Contract disputes Corporate risk management Distribution agreements Franchising agreements Group company structuring Joint venture agreements Management buy-outs Mergers and acquisitions Non-disclosure agreements Offshore company formation Partnership agreements Regulatory advice Shareholder agreements Sponsorship agreements Supply agreements Trading law advice
Claims for dismissal Contractor agreements Employment agreements Transfer of undertakings
Data escrow Database escrow Escrow agent services Escrow agreements Software escrow Source code escrow
Why not try our our costs calculator for an indication of costs. |
