Kerseys can assist business owners in their business transactions and services including:
You have operated your business through a company and you are now going to sell that company.
Selling the company in these circumstances will almost always be a better option for you as a seller, but it is also riskier for the buyer than buying the company’s assets and business. This means the buyer are their lawyers and accountants will want to take a good look at the company and its business before they buy it, it also means they will want as many protections as they can get in the documentation the two of you agree.
Selling a company will generally therefore be more complicated than selling a business, so, we think, it helps if you know at the outset what to expect. The process can be broken down into three main parts or aspects, with a further optional fourth stage at the outset.
If you were going to instruct us we would need to take your detailed instructions and understand more about you, the company and its business. We would then give you an estimate of our fees. We may also be able, to give you the option of a fixed fee.
For us to give you an initial indication, however, you might like to let us have answers to the questions set out in the attached question sheet. This will help us to understand the deal, and to think about what will be involved. But, if you would prefer to discuss matters informally, then please feel free to call us. We are always happy to talk through the process.
The purpose of these questions is to help us give you the best indication of the costs of the transaction. Please answer them as well as you can.
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