Business Sales & Contracts
ACUMEN BUSINESS LAW are business and commercial law specialists. This ensures that our expertise and application of the law are completely business focused.
Our professionals enjoy working with corporate clients and businesses to help them achieve their commercial objectives and through our innovative pricing structure and the removal of the ‘hourly rate’ (for non contentious matters) we act as our client’s legal partners/directors.
We understand what drives a business and in developing good client relationships we can work together to achieve your commercial goals by putting together creative legal solutions. The commercial solicitors at ACUMEN BUSINESS LAW are skilled in anticipating issues that might affect a client and that had have not already been identified.
Buying or Selling a Business?
ACUMEN BUSINESS LAW offers fixed fees on all non contentious matters, which allows you to budget the business transaction from the outset.
Prior to buying or selling we always advise our clients to take some time to review their business with a focus on the business sale or to tailor their priorities when conducting their due diligence in respect of their business purchase. We can prepare initial documents to ensure that preliminary negotiations between buyer and seller are built upon rather than disregarded.
We are experts in both share and asset sale transactions, and can advise you on which format will better suit your transaction. Our experts in property, intellectual property, employment and commercial contracts are able to provide the comprehensive due diligence required to give you or your buyer a clear view of the business.
Our firm’s experts have acted in the purchase and sale of retail, healthcare, licensed and professional businesses; in short we have the expertise to assist you throughout the transaction.
To discuss a business purchase, business sale or any other legal matter Book a Free Legal MOT.
ACUMEN BUSINESS LAW can help you with your business sale, business purchase, merger, acquisition, management buy-ins, management buy-outs, corporate restructuring, Shareholders’ Agreements, Joint Venture Agreements, ad hoc corporate / commercial advice, Investment Agreements (for the founder as well as the investor) and corporate finance.
Business Start-Up
It is also essential to have the right business contracts and legal documents in place to protect yourself and the business.
The commercial lawyers at ACUMEN BUSINESS LAW can help you make the right decision on which type of business structure is best for you and your business. To discuss starting a business, business set up/legal structure or any other legal matter with one of our commercial solicitors Book a Free Legal MOT.
Partnership
If you operate as a partnership we recommend you have a Partnership Agreement in place to ensure your partnership is not governed solely by the old Partnership Act of 1890(!)
Limited company
If you set up a limited company, you will need to have in place Memorandum & Articles of Association and, if there is more than one of you, we recommend that you have a Shareholders’ Agreement in place to implement some of your decisions, you will need to pass some Company Resolutions and draft the relevant Minutes.
Limited liability partnerships
A Limited Liability Partnership (LLP) shares many of the features of a normal partnership – but it also offers reduced personal responsibility for business debts. Unlike members of ordinary partnerships, the LLP itself is responsible for any debts that it runs up, not the individual partners.
Get it right at the outset!
It cannot be emphasised enough how important it is that you have these legal documents in place at the outset- when everyone is keen and enthusiastic about the new venture. It is extremely difficult to reach an agreement at a later stage, particularly if there are any disagreements.
Business Contracts
Here are just some of the documents we produce to support your business:
Your contracts with third parties
Agency Agreements; Business Sale Agreements; Confidentiality Agreements; Distribution Agreements; Escrow Arrangements; Franchise Agreements; Licence Agreements; Loan Agreements; Non-Disclosure Agreements; Novation Agreements; Outsourcing Agreements, Service Agreements; Sub-Contracts; Supply Agreements and other Business Agreements.
Your contracts with your own representatives
Consultancy/Freelancer Agreements; Employee Share Schemes; Employment Contracts; Directors’ Services Agreements; Directors’ Guarantees; Partnership Agreements; Shareholders’ Agreements and such other internal agreements as relevant to your business. Why not get your legal documents drafted at a reduced rate? Click on My ACUMEN Legal Director Scheme to find out more.
Your standard terms & conditions of business
If you do not enter into an individual contract with each of your clients you will need to have a standard Terms & Conditions of Business document in place. This document is crucial, as it will govern all your client transactions. If you do not have such terms, you may be bound by the other side’s terms & conditions.
To discuss business contracts, or any other legal matter with one of our commercial solicitors Book a Free Legal MOT.
ACUMEN BUSINESS LAW – negotiating the best deal for you.
GET IN TOUCH
Whether you have a question, need some assistance or are ready to take some legal action, we’d love to hear from you. Fill in the form below to send us an email or alternatively, you can call on 01273447065.
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