There are many reasons why individuals choose to sell their businesses; you could be ready to retire or to reinvest in your next exciting opportunity.
Selling a business is a complex procedure and there are many things to consider. For example, there could be tax implications, or you may be worried about the buyers raising issues in a few years’ time.
You will need to draft agreements that protect you, while also laying down all the key terms you have agreed with the buyer. In addition, there are forms you must submit to Companies House.
At Hybrid, we understand the complexities – financially, legally, and emotionally. We can be with you every step of the way, from the negotiations to signing the paperwork. Our experts will always be on hand to offer you advice and we pride ourselves on our down to earth approach without legal jargon that can help you understand each step of the process.
You might be thinking
- That is going to be costly
- Solicitors don’t understand our business
- I do not have time for complex lengthy paperwork
- There is so much legal jargon I have no idea what is going on
Our goal is to make selling a business easy & cost effective
So, our solution offers:
- Fixed Fees
- Down to earth advisors
- A team who cares
- Years of expert knowledge at the dial of a phone
- Simplified approach that makes the whole process easy to understand
Our approach is simple, well thought-out and effective;
Understanding your business
Many traditional law firms forget this, but it’s the most important step. In order to protect you, and to get you the best deal possible, we take the time to listen and hear you.
If you do not already have an offer on the table, but selling is your goal, we can assist you in obtaining a fair valuation for your business to help you achieve your goal.
Negotiations can get heated, and there is always the worry that you are agreeing to something that may bite you in the future. Hybrid can assist you either as background support or at the negotiating table to make sure you are protected and get the best deal possible.
Once the terms have been agreed between the parties, we will begin drafting the terms of the formal agreement. It is important to have a formal agreement in place; in the event of any future dispute, it will clearly lay down your obligations.
Sealing the deal
Once both parties are happy to complete the transaction, it is time to sign the paperwork. Of course, not everyone can be in the same place at the same time, so our team will assist you with many ways to finalise the agreement without attending at an office.
It is now time for you to begin the next step of your journey. In the background, we will be completing the appropriate paperwork.
As you begin your new path, you may have further questions. If you need more help down the line, Hybrid will always be on hand to assist you.
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Do we sound like the sort of people you’d like to have on your side?