Despite the difficult economic climate, corporate deals are still being done (albeit not at pre-2008 levels).
There are undoubtedly opportunities for buyers to acquire good businesses at “competitive” prices.
There are also opportunities for sellers as, regardless of economic conditions, there will always be potential purchasers interested in acquiring well run and profitable businesses.
The process of buying or selling a business is not necessarily entirely straightforward. It is important that all those involved in the process take appropriate professional advice and understand the legal issues and potential risks involved.
We have, therefore, produced a checklist which highlights some of the main issues that should be considered when selling a business and a checklist which highlights some of the main issues that should be considered when buying a business.
If you have any questions about the content of this alert or if you are considering selling your business or acquiring another business please contact John Wilson, Andrew Hill or Jamie Hawley on 01228 552600.
22 November 2011