Heads of Terms
The blueprint for negotiation and agreements.
Buying or selling a business can be an onerous undertaking, with the seller required to make substantial assurances and the buyer taking on potential liabilities. By taking legal advice from a genuine legal expert in business sales and acquisitions, you can be sure that your position is safeguarded.
At Heald Solicitors in Milton Keynes, we act for buyers and sellers of businesses in a wide range of sectors. We are commercially astute and if you ask us to represent you, we will make sure that your legal interests are protected.
We know how important a business sale or purchase will be to you and you can be sure that we will give you the expertise and guidance you need for a successful transaction.
If you are thinking of selling your business, you need to start preparing before taking your company to market so that you have enough time to pull together all the information a potential purchaser will request as part of their due diligence. We can advise you as to the points that will need to be covered to ensure that your business’s legal agreements and commercial framework are in good order and that your sale can proceed as efficiently as possible once a buyer has been found.
If you are considering buying a business, you will need to carry out due diligence to ensure that you have a good understanding of what you will be taking on. If the purchase is of shares, then you will be taking on all of the liabilities of the business, which could include employees, existing contracts and legal claims against the company.
If you are buying the assets, there is still work to be done in ascertaining the title and checking the extent of what you will be receiving.
The purchase agreement will need to be negotiated to ensure that it protects your interests as far as possible and manages the risks associated with the transaction.
Our team acts for both buyers and sellers of businesses and in respect of both shares and assets. Our services include the following:
At Heald Solicitors, our business sales and acquisitions lawyers can advise you in respect of all aspects of the sale or purchase of an enterprise. While our office is in Milton Keynes, we regularly work with clients throughout England and Wales, often remotely, meaning that you can expect the same expert legal advice and excellent client care wherever you are located.
If you wish to talk to an expert business sales and acquisitions solicitor, please get in touch with our legal expert David Dees .01908 355 405
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