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
There are a few things to consider when you first start thinking about selling your business in the UK. It’s crucial to accurately value your business to ensure you receive a fair price. Seeking professional advice from lawyers and accountants who specialise in business sales can ensure a smooth and legally compliant transaction.
This depends on you and your circumstances. It’s important not to rush the process. The key is to be prepared and to have an excellent solicitor on your side to write up the paperwork and confirm all the details so you can feel confident.
If you are looking to buy a business, the key steps are the same – look at all the financial information presented by the company and ensure that you have got legal and financial experts on your side to assess whether this is the right choice for you.
Whilst you don’t legally need to have a solicitor in order to sell your business, a solicitor can provide valuable guidance and assistance throughout the process, ensuring that all legal requirements are met and protecting your rights and interests. A solicitor can help you navigate any potential legal complexities and ensure the transaction proceeds smoothly.
The legal cost of selling your business depends on the complexity of the sale and how your solicitor works out their rates. Sometimes, a solicitor may take a percentage of the business sale value. It’s worth talking to your legal expert about how they charge for business sale work, as well as considering all the other costs like an accounting expert.
Selling a business as a going concern means that the business is being sold with the intention of continuing its operations and maintaining its current customer base. When selling a business as a going concern, it is important to ensure that all necessary assets, contracts, and licenses are transferred to the buyer so that they can continue operating the business seamlessly.
An average timeline for selling a business could be 6-12 months, but you can speed this up by having all of your paperwork and financials in order, picking a great solicitor to help you process all the paperwork and choosing the right time to sell.
Valuing a business involves assessing various factors to determine its worth.
One common method is the financial approach, which involves analysing the business's financial statements, cash flow, and profitability.
Another approach is the market approach, which compares the business to similar companies that have recently been sold to determine its value.
The asset-based approach values the business based on its tangible and intangible assets, such as inventory, equipment, intellectual property, and goodwill.