We understand that for many people their business represents their most valuable asset, and we recognise the emotional and financial attachments that come with its sale. Whether you are transferring ownership of a smaller more personal company, or a multi-million-pound corporation, we are here to create a seamless sales process.
Share sale and asset sale agreements form the legal framework for the sale of a business, outlining the rights and responsibilities of both parties and providing protection for buyer and seller alike.
By ensuring that these agreements are written correctly, you ensure that the transfer of ownership is a smooth transition with clearly defined responsibilities and minimal risk of conflict.
However, failing to put these agreements in place or using legally unsound terms and conditions could result in you losing your deferred income or shares in the new business, putting your future and finances at risk.
Our expert team will:
- Protect your interests: Our share and asset sale agreements clearly outline the terms and conditions of the transaction, protecting both the buyer and seller
- Understand your needs: We work closely with you to ensure that all aspects of the agreement are fair and clear, giving you peace of mind throughout the sales process
- Achieve a successful transaction: We understand the potential pitfalls of selling a business and work closely with you to achieve your goals. With our expertise and guidance, you can move on to your next venture with confidence
Simplify Your Sale
Selling a business without a share sale and asset agreement is like hiring an employee without giving them a contract. If you have no clearly defined roles and responsibilities, then how can both sides fulfil their end of the deal?
If the seller of a company breaches their agreement, then this can result in them losing deferred income or refunding part of the sale. If a buyer breeches, then this can result in them losing the new business and returning it to the previous owner.
Our agreements do more than protect your integrity, they protect your finances. We have over 40 years of experience working with commercial clients, including being involved in countless business sales.
Contact the Professional Negligence Team
Contact us today to discover how we can help you. Please contact Chris Thomson at chris.thomson@isonharrison.co.uk or Jonathan Robson at jonathan.robson@isonharrison.co.uk
