Do You Need To Sell Your Business Quickly?

In an ideal world, you will take time to think about selling your business. This will include planning and preparing for the sale of your business. However, in business there is often not an ‘ideal world’ scenario. This can mean that you need to sell your business quickly. If this is a situation that you have found yourself in, speak to our team of commercial solicitors.

Whether you need to sell your business quickly due to tax changes, health issues or even legal disputes, we can help. Whatever the change of circumstances you might be facing, our commercial lawyers can help you sell your business quickly, legally and efficiently.

The first thing you need to do when selling your business is to appoint a professional team that can support you. This will include our commercial solicitors, an accountant and an IFA. If you are not sure where to start, we can help you put together the professional team that you need. Together we can advise you on the best options for you, your business and the situation.

It is recommended that you conduct a financial health check on your business too. This will help you to identify any major issues that need to be addressed before the sale of the business. Business ownership agreements will need to be considered too, so a smooth ownership transition can be managed.

While it might not be easy when you are short on time, it is important to find the right buyer for your business. Make sure you put together a list of what you want and don’t want from a buyer. Think about if you want a financial investor, a strategic buyer or an operational buyer. For example. Do you want the business to continue without you? Would you like the buyer to keep the business name or your employees? Our commercial lawyers in Peterborough can help you think about the best buyer for your business.

It’s important that you work with your professional team to structure the right deal for your business too. Our commercial solicitors will be working for you. We have your best interests at heart to ensure we get the right deal for you and your business. There are lots of tax advantages and disadvantages to different business sale deals. This is why you need a professional team on your side.

Our team of commercial law experts in Peterborough will work with you to ensure that you understand the process. We can manage your negotiations, contract preparations and more. If you need help to sell your business quickly, call our commercial law specialists now.