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Succession Planning

Our corporate commercial business clients come from all sectors. Often a CEO or MD has spent years growing and developing their owner-business from the roots up. They have spent years working through critical issues and nurturing talent so that the future of their business will be in safe hands and the business they leave behind will be based on strong foundations and financial stability.

Often, business owners wish to leave their hard-won business entity to family members, maybe sons, daughters, partners or other interested parties. Sometimes they have identified key people within the business or management team whom they trust to take over the reins of the business and continue to run it well into the future.

Whatever your motivation for downsizing your business interests, or exiting your business completely, you will need to:

  • Plan ahead for exit or succession
  • Plan early for exit or succession
  • Take advice for how to maximise the value of your business interests, so that when the time comes to sell part or all of your shares, your business is at its highest valuation point.

How to Sell Your Business

  1. Lawson West_Commercial_Team_-_Selling_A_Business_July_2024.pdf

There are two ways to sell a business:

Both of these options have advantages and disadvantages, and you ought to be familiar with both so that you can make an informed business decision as to which direction will be best for your business and your own business interests.

This useful document discusses the due diligence process, business valuation, warranties, confidentiality agreements with would-be purchasers, and how to go about creating the best deal possible in the right environment for sale or exit.

At Lawson West our dedicated team of corporate commercial solicitors can guide you through the entire process to sell your business in the best possible way to achieve the best outcome, and the strategies that will work to meet your own set of business objectives.

We advise directors like you every day, but what sets the Lawson West’s team apart is the personal and professional touch and empathetic approach provided in the provision of legal advice and services. The team truly understand clients’ needs and works tirelessly to meet specific deadlines with an informed and proactive guiding hand, good communication and an acute awareness of commercial imperatives.

Rebecca Beswick

How Can Lawson West Help You?

Starting and growing a business takes real dedication. Our knowledgeable Corporate Commercial team works seamlessly alongside business owners, directors, sole traders and entrepreneurs to realise their business ambitions.

From initial partnership or shareholder agreements to company acquisition or disposal, we support every transaction along the way. You can rely on our dependable experience of what not to do and likely obstacles along the way, to determine the best course of action. We know the pitfalls and delays that could jeopardise your aspirations and we have strong relationships with finance and accounting professionals to support your transaction or deal to achieve the best outcome.

Our dependable team of corporate solicitors has a talent for understanding your needs, and we look forward to helping you.

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Expertise

Testimonials from Succession Planning & Retirement

Great client service is at the centre of our thinking, it’s embodied into how we train and develop our staff, how we help our clients and how we advise and assist people and business owners with their legal needs.

Our Core Values are Welcoming, Confident, Supportive, Knowledgeable and Dependable and we aim for clients to have a positive experience with Lawson West Solicitors.

Evidence of our great client service can be seen in the reviews and testimonials we regularly receive. We are always pleased to receive great reviews because it means our clients are happy with the service we provide, and it shows that we deliver on our core values, we don’t just talk about them. We really welcome client feedback and hope you enjoy reading some of the latest testimonials throughout this website.

Rebecca Press, Solicitor, Probate, Trusts and Wills department. Lawson West Solicitors, Market Harborough. My husband and I were given time to talk with Rebecca and then time to make up our minds as to what had been discussed. We were not asked to make any decisions and we value the time that was given to us. We cannot ask for anythng that could have been improved upon by Rebecca and staff at the Market Harborough office. We really appreciate all the help and guidance that we have received and we are very satisfied customers."" ""Excellent service and value for money.""

Mr & Mrs R C, Probate & Wills Client, Leicester

Friendliness and supportive, everything was excellent and efficient.

Mr W

Pleasant and helpful staff.

Mr & Mrs S

We were made to feel welcome from the first moment we entered the office. Thank you for your outstanding service.

Mr & Mrs K

I would like to say that you've been extremely helpful during the whole (quite stressful) experience and your calm manner helped ease my stress. You have been efficient throughout and always on hand with prompt responses to my phone calls and emails. I would gladly recommend your service to anybody else who requires legal advice.

Mr W