Buying or selling a business?

Tyler & Co understands that buying or selling a business can be a challenging project for even the most experienced business people because of the myriad issues involved, including:

• Financing and payment of the price;
• Valuation of goodwill;
• Identification and valuation of plant and equipment;
• Transfer of intellectual property, including copyrights and trade marks;
• Valuation of stock and work in progress;
• Verification, transfer or acquisition of business licences;
• Continuation of contracts with suppliers, customers and others;
• Transfer of franchises;
• Premises leasing;
• Transfer of employees and payment of their entitlements;
• Training of the purchaser and restrictions on post-sale competition by the seller;
• Tax and stamp duty.

Tyler & Co has many years' experience of assisting sellers and buyers to address those and other issues. We have a well-developed system to ensure that all of them are dealt with quickly and efficiently.

Tyler & Co can:

• Advise you on the steps you should take to prepare a business for sale or before negotiating to buy a business;
• Draft a concise, practical agreement for sale which addresses all the issues and protects your position (if you are the seller);
• Give you good, practical advice on the sale agreement and ancillary documents and changes that you may need to them (if you are the buyer); and
• Assist you in your negotiations with the other party and guide you through the entire transaction to a successful conclusion.

Contact us for a complimentary preliminary checklist of things that should be covered in the business sale agreement. Click here for a case study.

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