Below are five essential steps to help you maximise value and minimise risk during your business sale. 1. Start Planning Early Where possible, exit planning should start years before you intend to sell. Early preparation gives you the flexibility to
More about Selling your business: 5 steps to optimise your exit strategyWhat is a Bad Leaver Clause? A bad leaver clause typically appears in a shareholders’ agreement, articles of association, or a sale and purchase agreement of shares (SPA). It defines the circumstances in which a departing shareholder must transfer their
More about Bad buyers and bad leavers: sellers face an imbalanced fightHOT – Heads of Terms / LOI – Letter of Intent / Offer Letter Often referred to by different names, this document sets out the key terms of the deal before it is actually formally signed, including price and the
More about Understanding some of the key language (and documents) used in M&A transactionsResearch quoted in the Law Society’s International Data Insights Report 2025 estimates that about 40% of the world’s cross-border business and financial transactions are governed by English law; and in 2021 English law was the governing framework for global M&A
More about Making a good deal better: the English law effectWhat’s changing? Certain registers no longer required Companies will no longer be required to keep the following registers as part of their company registers (also known as statutory books): register of directors; register of directors’ residential addresses; register of secretaries;
More about Streamlining company registers – changes from November 2025The manner in which the Register operates was then amended by the Economic Crime and Corporate Transparency Act 2023 which introduced a range of enhancements, in an effort to increase the effectiveness of the Register. The most recent reforms to
More about Key Updates to the Register of Overseas Entities following the enactment of the Economic Crime and Corporate Transparency Act 2023The Case in Brief Triathlon Homes LLP, a social housing provider, successfully obtained Remediation Contribution Orders (RCOs) introduced by the BSA against Get Living Plc, the parent company of Stratford Village Development Partnership (SVDP), the original developer of five residential blocks in
More about “In the light of the Building Safety Act, what does a company seller or purchaser need to consider when that company owns property assets?”Who needs to verify? The ID-V regime will apply to all new and existing company directors (modified for other registered business vehicles), PSCs and anyone filing on behalf of UK companies. The aim of targeting these key individuals is to improve
More about The implementation of compulsory identity verification: Autumn 2025From 2 September 2025, users will be required to access the NSIA notification service using the GOV.UK One Login, replacing the current multi-factor authentication system. GOV.UK One Login is a single sign-in system that enables users to access various government services
More about Upcoming changes to the NSIA notification service: Transition to gov.UK one loginSellers are increasingly discerning, seeking not only strong valuations but also strategic alignment, cultural fit, and a smooth transaction process. To secure the deal, your offer must be compelling, credible, and carefully constructed. Take time to understand the seller’s priorities
More about How to make your offer irresistible when buying a tech business