A very fast and efficient service. Was able to make an appointment with one of the organisations that Law Superstore sent through. Am very pleased with the service and would very much recommend Law Superstore.
13th July 2024
Instant contacts made from four companies after we requested contacts for LPA advice via The Law Superstore.
12th July 2024
Absolutely fabulous. Contact by 3 fabulous firms. Highly recommended.
07th July 2024
Easy to use website. Was contacted by a company very quickly and gave me the information I required.
06th July 2024
I was struggling to find a local solicitor who could help me, so went onto this site and was really surprised when after a few minutes I had a call from a law firm not too far away who will be able to help me.
28th June 2024
Within 30 minutes of my enquiry I had three calls from relevant people. One of which we will be instructing with our needs. Thank you.
26th June 2024
Very easy to use your website and a quick follow up from three companies giving me a quote. I will be using one of the quotes in due course once I'm in a position to proceed. Many thanks.
26th June 2024
The next day all of the solicitors got in touch. I was taken through what would be done and the charges, they all reassured me if I was at all worried.
19th June 2024
Straightforward process. Good, timely communication. Comfort of being introduced to companies who have undertaken a preselection process. Ease of working with selected company. Value for money.
13th June 2024
Very friendly and detailed experience very understanding regarding the family loss and the cost details explanation was easy understanding great service.
12th June 2024
They did everything I asked, couldn't ask for more.......Excellent.
10th June 2024
Straightforward service, 4 lawyers firms got my details after I filled some information with my query. Then I selected 1 of my choice to deal with. Thanks.
23rd May 2024
After the initial enquiry we received a good response and competitive quotes.
21st May 2024
Received information quickly and easily. Followed up with contact from the recommendations and will proceed with my choice.
07th May 2024
Thank you for your assistance I needed to make power of attorney and required a home visit. I had no idea who to contact or costings involved but your service provided both within minutes. All lawyers have been in touch and I can now progress.
26th April 2024
I was impressed with the speed and courtesy with which my enquiry was handled. Thank you.
10th April 2024
As the purchaser, you’ll first need to reach out to a legal expert who will support you through the process. Your solicitor can also support you in the negotiations, offer their advice on the agreement, and mitigate any risks to ensure your purchase is protected.
Once the exchange is complete, you will inherit the business’ assets, such as its possessions, investments, employees, and the property.
If you’re interested in purchasing a business, you’ll need to seek professional advice to guide you through the process and arrange your finance with a lender. They’ll want the business’ particulars and financial information, and information regarding your own personal assets and liabilities.
If you are selling your business, you will also need an expert solicitor to guide you through the process, and ensure the transfer is legal.
Your solicitor will check all agreements and paperwork and advise you on whether the deal is solid.
The purchase of a business is the act of buying or acquiring a business with the intention of continuing its commercial operations. Whether you’re buying as an individual or on behalf of a company, legal expertise is a must.
The length of time it takes to buy a business can depend on the situation. Variables can include the landlords or investors involved and must be considered when calculating the purchase period. It’s best to allow for 4-6 weeks between the start and completion of the process.
Valuing a business prior to purchase is extremely important so that you don’t overpay and are aware of exactly what you’re getting in the deal. A financial advisor is a key member of the team here and can advise on the value of different assets.
Your solicitor will also be able to guide you through the valuation before you purchase the business, highlighting any concerns, or any points where you need to ask more questions.
Whether the business you’re buying is large or small, it is vital that you have a solicitor at your side throughout the process to ensure the exchange is valued correctly and that the purchase agreement meets both party’s desires.
With an important purchase you will want to feel confident that you've got an expert on your side. We recommend checking their experience in business purchases, asking for examples, checking reviews online, and spend some time speaking to your potential solicitor, to see if they offer everything you expect. Have a look at our guide on choosing a solicitor.