Business Selling Tips

Posted by Malcolm Campbell, Luke Mitchell on 28 February 2018
Business Selling Tips

Here are more of our top tips for selling your business.

 

 

 

 

  1. If you are to remain liable under a lease or other contract, obtain indemnities from the purchaser;
  2. Make sure you understand your obligations under your lease and other key contracts which you wish to transfer as part of the sale;
  3. Co-operate with the due diligence enquiries of the purchaser, but ensure proper confidentiality provisions are entered into with them before handing over your sensitive information;
  4. Be aware of the possible consequences of any pre-contractual representations made; and
  5. Ensure that you only give warranties that you are able to comply with and that any changes are fully disclosed in writing prior to completion

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