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Purchase of Business
Buying a business as opposed to its assets involves the purchase of the company’s shares. This is often called a share purchase.
The process of buying a business includes a number of stages including:
- heads of agreement
- finance for the purchase
- request for information
- share purchase agreement/business purchase agreement
- disclosure letter
- exchange of contracts and completion
You don’t have to carry out all the steps but not doing so means you might not know everything about the business and you might have a few surprises later on.
At Hart Brown our specialists can advise you each step of the way. We will make sure you understand exactly what you are buying. We will also advise on any employment issues that arise.
To speak to someone who can advise on the purchase of a business or any other legal matters relating to your business call, email or request a call back from one of our specialist lawyers.