Selling a business

Selling a business can seem like a daunting task, especially when you’re bombarded with due diligence enquiries and lengthy documents to review. It can often feel like your business is coming to a grinding halt simply due to the virtues of the sale process. It is imperative that you are organised and avoid taking your eye off the ball when it comes to the management of the business. You need a team to help you with the transaction and one who you can trust to act in your best interests.

We help clients get ready to sell by having a preliminary look at what shape the business is in, in terms of what a buyer would be looking for when carrying out its due diligence.

Selling a business requires expert legal advice

To sell a business without getting proper legal advice from someone used to doing corporate work is very risky.  You may save on fees, but it will cost you more in the long run if you accept unreasonable warranties and indemnities.

We work with clients from start to finish of a transaction and are often involved in:

  • non-disclosure agreements/confidentiality agreements;
  • heads of agreement;
  • dealing with due diligence enquiries;
  • sale and purchase agreement;
  • disclosure letter;
  • advising on warranties and indemnities;
  • advising and negotiating on post-termination restrictions;
  • ancillary documents, such as board and shareholder resolutions, resignations, service agreements or consultancy arrangements if a seller is remaining with the business for a period post-completion.

We are experienced in drafting provisions for deferred consideration, earn outs, loan notes and advice on security.

Our aim is to clearly explain the process of selling a business and work with owners to ensure, as far as possible, a smooth transaction.

Why choose Furley Page if you are selling a business

Whether you’re selling a small business or a massive organisation, we have the specialist skills to support you in your transaction.  We are well-regarded by our clients as going the extra mile to get the job done in a practical and straightforward way, always acting in your best interests, while marrying the legal guidance with esteemed commercial pragmatism.  We provide the benefit of a team with impressive transactional experience but without the City price tag.

How can we help you

Call us on

0333 331 9877

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Key Contacts

Susan Jennings

Partner & Head of Corporate

Tony Chester

Partner