Business Sales & Purchases
In this section you will find information on major events in the ‘life’ of your company, from buying a new company to selling your business, from linking up in a joint venture to restructuring and refinancing.
Corporate acquisitions or disposals need to be properly managed and organised. Investigations need to be thorough and contracts need to address the concerns of the parties and find solutions to issues of disagreement. Experience and expertise is a must have to make the project a success.
Articles:
· Pictons Guide to buying & selling a company
Bite-Size Guide:
Whatever the nature or strategic importance of your transaction, you will want to be sure that the risks are minimised and understood at an early stage. Information is important, as is a detailed understanding of the legal process.
Company acquisitions are often complex. Corporate law is detailed and can be a minefield to the uninitiated. It exists to provide a set of rules to take into account companies, directors, employees and shareholders and to regulate the economy. Without such a framework, business practice may be unethical, or worse still fundamentally destabilising to the markets. Specialist legal knowledge will be required to help guide companies and corporations through a niche area of law, which is demanding and highly dynamic.
The legal involvement in corporate transactions may be brief or may be highly elaborate and involve very sizeable quantities of money. Malcolm Glazer’s takeover of Manchester United, was a £790 million deal that took 15 months to finalise. Yet even small and medium sized firms require legal knowledge that is appropriate for their transaction, whatever its size and complexity.
People who read this also read:
· Franchising
· Starting a business
· Shareholders Agreements
What to do next:
If you are talking to a buyer, make an appointment to come and see us about the process and likely issues you will encounter – better get them straight at this early stage then have them resurface at the 11th hour. Pictons can do a cost effective initial consultation and give accurate costs estimates.