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Buying a business

Buying a business is a major investment, you've decided what you want, found what looks to be the perfect opportunity and put in an offer. Once your offer is accepted, you move on to due diligence - an investigation period and your chance to scratch the surface to see if the deal you are being offered is as good as it seems. This is your only chance to review every aspect of the business before you commit to buying it and this is where Lawson-West Commercial can help.

At Lawson-West, we have a specialist commercial team ready to help you through the buying process right up to the moment when contracts are exchanged, the money is handed over and the keys to the business are finally yours.

There are many aspects to a business that all need to be considered and investigated – often a business comes with a property (whether freehold or leasehold) and other assets, there may be employees that need to be transferred under TUPE and there will certainly be goodwill to protect. Here at Lawson-West, we understand that you will have your own particular concerns and in preparing or negotiating the contract documents, we look to tailor them as far as possible to suit your individual needs and protect your interests. To do this, we work closely with other professionals, such as accountants and surveyors, not only to make sure that you get the best advice, but also to see if we can find ways to add value to the transaction perhaps by restructuring the deal to improve your tax position

Balanced with this, we know that a business must from time to time take commercial decisions. Lawson-West don't believe in blinding people with jargon or throwing obstacles in the way. We work for you, not the other way around and our job is to advise you not tell you what to do.

Above all, we want you to feel, when you take over the reins, that you know what you've bought.

For more information about buying a business, please see our Frequently Asked Questions on Buying a Business, or download our free '10 top tips to avoid potential traps when buying a business' guide.

If you have any queries regarding buying a business, please contact David Heys on 0116 212 1027 now.