Team members walking up stairs a business purchase

Business Purchase

Buying a business can be one of the biggest financial decisions you’ll ever make, and seeking professional help can be the key to making a successful purchase.

How we help

Negotiate a share purchase agreement and conduct due diligence for clarity.

Avoid paying twice by choosing a firm that can conduct legal and financial due diligence

Determine which agreement suits your purchase & ensure careful negotiation and drafting

Be prepared for the unexpected with adequate protection and avoid costly mistakes

Accountant working on a share structure

Where does due diligence fit in?

Have a clear understanding of the financial status of the business you are acquiring

Identify and manage any legal risks associated with the acquisition

Get the best deal, set yourself up for the future and be guided through the process

Our team, hired through our jobs page, Writing a T&Cs

If you're a Limited Company operating in the UK, you'll have to pay Corporation Tax.

Not only will you have to pay it on any profits you make, but it’ll also be on any money made on the sale of assets such as land, property or shares. As of April 2023, businesses with profits of £50,000 or less will continue to pay corporation tax at 19 percent, however businesses with profits above £250,000 will pay corporation tax at 25 per cent. Any business with profits between £50,000 and £250,000 will also pay corporation tax at 19 per cent. Tax rates are something that change often, which means it’s important to keep on top of things….

Or, you could let us do it for you and not have to worry, your choice!

The phrase - 'how long is a piece of string?' comes to mind for this one..

But it’s a valid question that business owners will want to know before they embark on the path of selling or buying a business. In terms of the actual deal itself, it can take anywhere between 6 and 9 months. The length of time it takes varies depending on several factors. The size and complexity of the business, market conditions, the level of interest from potential buyers, and the readiness of both the seller. With the right preparation, an eye for the details and a well-structured business plan, business owners can increase the chance of a timely sale. Ultimately though, the time it takes is unique to each individual case.

Speak to an expert

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Rachel Duncan

Head of Legal
Get in Touch

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Joe Wilkinson, HEAT
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Fleurette Mulcachy
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Ryan Brookes, Manor Architecture

I started my own business 6 months ago and appointed A+L to help me get the ball rolling. Finance has historically been my weak point and I found my initial meeting with Stuart and the proactive...

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