Get guidance through every step of buying or selling a business, tailored to your business’ size and operations.
At Wallace Robinson & Morgan, we know that buying or selling a business can be a big decision, especially for small to medium-sized companies. You may be embarking on a new venture or coming to the end of another. With our straightforward, no-nonsense approach, we help business owners navigate the complexities of the process while keeping things simple and efficient. Whether you’re looking to sell your business or make an acquisition, our team is here to provide practical legal support at every step, ensuring the deal works for you.
Our experienced team understands the challenges you face, and we offer clear, tailored advice to help you make informed decisions. We focus on protecting your interests, minimizing risks, and achieving the best possible outcome, all while being upfront and accessible.
How can our solicitors help?
1. Clear Advice from the Start:
- We take the time to understand your business and what you’re aiming to achieve from the deal. Whether you’re selling or buying, we’ll give you practical, down-to-earth advice on how to structure the deal and what you need to be aware of.
- We’ll explain the options, whether that be an asset sale or share sale, and help you decide the best approach based on your goals.
2. Due Diligence Made Simple:
- We guide you through the due diligence process with no jargon. We’ll help you check the facts, identify any potential issues, and make sure you’re not caught out by any hidden risks, whether you’re the business buyer or seller.
- For sellers, we help you ensure that your business is ready to go to market, so you can present it in the best light. For buyers, we make sure you have all the details you need before committing.
3. Negotiating the Deal:
- We’re here to support you in negotiating the deal terms. Whether it’s the price, payment terms, or warranties, we’ll make sure you understand the ins and outs of each element and that the terms are clear and fair.
- We work to protect your interests throughout negotiations, ensuring that you don’t agree to anything that could cause trouble down the line.
4. Drafting and Reviewing Contracts:
- The Sale and Purchase Agreement (SPA) is crucial, and we ensure it’s clear and straightforward. We’ll draft, review, and negotiate the SPA for you, ensuring that it protects your rights and covers all the important details.
- We won’t overwhelm you with legal jargon – we explain everything in plain terms so you’re always clear about what’s in the contract.
5. Simple Financing Support:
- If financing is part of your deal, we can help you understand your options, whether it’s through loans, equity investment, or other sources.
- We work with you to ensure the financing structure makes sense for your business and is easy to understand and manage.
6. Employee and Regulatory Matters:
- If your business has employees, we’ll guide you through the process of transferring employees under TUPE (Transfer of Undertakings (Protection of Employment)) regulations, ensuring everything is handled smoothly.
- We also help with any necessary regulatory approvals, so you don’t have to worry about meeting legal requirements.
7. Post-Transaction Support:
- After the deal is done, we’re still here to help. We assist with any follow-up matters, whether it’s resolving post-sale issues, handling earn-outs, or guiding you through the integration process if you’re the buyer.
- We make sure the transition is as smooth as possible, leaving you free to focus on the next chapter of your business.
8. Dispute Resolution:
- If any issues arise during or after the deal, our litigation team can offer practical advice to resolve disputes quickly and cost-effectively, whether through mediation, arbitration, or litigation.
- We aim to resolve problems before they escalate, protecting your interests and getting things back on track.
Why Choose Wallace Robinson & Morgan?
- Pragmatic Approach: We take a practical, no-frills approach to business transactions. Our focus is on providing clear, actionable advice that makes sense for your business.
- Small Team, Big Impact: We’re a small team, so we take the time to get to know you and your business. You’ll have direct access to our senior team members, ensuring personalised service and quick responses.
- Efficient, Cost-Effective: We aim to deliver value for money by providing cost-effective solutions that make sense for businesses like yours. We won’t drag things out unnecessarily, and we’ll always be transparent about costs.
- Clear Communication: We believe in keeping things simple. We’ll explain everything in plain language so you’re always informed and confident in the decisions you’re making.
Whether you’re selling your business or making an acquisition, Wallace Robinson & Morgan is here to make the process easier, more efficient, and more straightforward. Contact us today to get started.
Frequently Asked Questions
Find answers to key questions about commercial property sales and purchases. Our FAQs help you navigate transactions with ease.
A share sale involves buying or selling the shares in a company, so a buyer takes on all of the assets and liabilities of the company and the business continues as is with no requirement to assign contracts. An asset sale involves transferring specific assets (like goodwill, equipment, contracts, etc.) to the buyer who can choose which assets to purchase. We’ll advise you on which structure best suits your goals and minimises risk.
Yes – we carry out thorough legal due diligence to identify any risks or liabilities, such as outstanding contracts, employment issues, disputes, or regulatory concerns. This helps you make informed decisions and negotiate appropriate protections in the sale agreement.
Preparation is key. We can help you get your legal and financial documents in order, address any red flags in advance, and ensure your contracts, employment terms, and compliance records are up to date. This not only protects your position but can help speed up the sale process and maximise value. It is also important to involve an accountant in these early stages.
Our Dedicated Team
Book an appointment with our experienced commercial solicitors, who will understand your needs and provide tailored advice for your business matters.
Call us at 0121 705 7571 or fill out the form below. Your privacy is guaranteed—and we’ll arrange a convenient time to discuss your needs.
Anna Hobbs
Julian Spence
Sarah Nixon
Sophia Kenna
Our Latest News
Stay informed with insights from our legal experts! Our articles cover a range of topics, offering practical advice and valuable tips to help you navigate legal matters with confidence. Check back regularly for updates tailored to your needs.
What Documents Should A Commercial Seller Provide?
Security of Tenure: What Is It & How Does It Affect Landlords & Tenants?
Creating an Effective Non-Disclosure Agreement (NDA)
Recovering Commercial Rent Arrears From Covid-19
Security for Landlords of Leasehold Properties
How Can We Help?
Fill in the form below and a member of our team will get back to you as soon as possible.