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Buying and Selling a Business

Whether you’re buying or selling a business, we are your specialists … here to be by your side every step of the way.

Buying or selling a business can be extremely stressful and far from straightforward. We understand the intricacies of purchase agreements and know what to look out for. Our due diligence processes are thorough and robust. A business can change right up to the completion date, due to a variety of circumstances, and so having a full picture of how it is operating in all areas is vital so there are no nasty surprises – whichever side of the sale you’re on.

We explain everything to our clients in simple terms as we want you to be completely happy with the process and ensure you understand all the benefits and any potential risks within the transaction.

Commercial Documents

Commercial documents are legal documents which outline an agreement between two, or more, parties. Types of documents which fall into this category include:

  • Franchise Agreements
  • Agency Agreements
  • Distribution Agreements
  • Terms and Conditions of Business
  • Service Level Agreements

Commercial documents protect your company against a business relationship failing in some way. They are vital to have in place, but they can feel overwhelming to business owners who don’t know where to start with producing them. That is where our team of experts at Dawson Radford come in. We are here to advise you on what your business requires and ensure any documentation covers you for all eventualities.

Commercial Property

Whether you are buying or selling a commercial property, our team at Dawson Radford are here to support you throughout the process. We cover all commercial properties; factories, warehouses, offices, retail units, care homes, nursery schools … in fact any type of property which is non-residential.

We have extensive knowledge of lenders’ requirements and can often help you come up with solutions to, what feel at the time like, difficult situations.

We also deal with adverse possession cases. This is the legal term for claiming land as your own when you have used it exclusively for a long period of time.

Other aspects of commercial property law we cover include Deeds of Easement and Deeds of Variation.

Company Law

Corporate governance is the overarching term used for issues relating to

  • Preparation and maintaining of a company’s statutory books
  • Incorporation of companies
  • Articles of Association
  • Re-Classification of Shares

This is an area of work with which many Directors are not familiar. The company’s accountants may reference some of these areas when tax planning, but often the legal side will be incomplete. That’s where we come in. At Dawson Radford we work with you to ensure your records at Companies House are up to date and correct, and with your accountant to implement arrangements for financial planning for tax purposes.

Employment and HR

The relationship with employees is one of the most important for all businesses, and the law that relates to this relationship is constantly evolving. Making mistakes can prove very costly. It is crucial therefore that you keep up to date with developments and ensure that you have the correct documents and policies in place.

We can provide advice and draft documents that ensure your employment practices remain compliant throughout the whole employment cycle from recruitment to termination. If you have the misfortune of facing a claim in the Employment Tribunal from an employee or former employee, we can provide advice and representation to defend the claim. We can also provide training to senior employees and managers so that processes such as appraisals, grievances and disciplinaries are managed properly.

Landlord and Tenant

If you’re the landlord or tenant of a commercial property and need legal expertise, we have THE expert solicitor in our team for you. Joe Phelan has many years’ experience in this field and simply loves the technicalities in what he does.

In preparing/reviewing leases, areas of work covered include:

  • Reviewing the title of the property.
  • Setting out of rights of way, easements, allocated parking spaces, etc.
  • Setting out who is responsible for repairs; insurance; payment of rates, utilities, etc.
  • Setting out termination and break clauses.

We also act for landlords of residential property.

Shareholder Agreements

Shareholder agreements are vital to the relationship between a company and its shareholders. Without a professionally drawn up agreement, when unexpected circumstances arise, matters can become extremely complex and costs can rise very quickly.

The team at Dawson Radford have a wealth of knowledge to draw upon. They prepare agreements which ensure that all eventualities, such as the death of a shareholder or the company wishing to buy shares back from a shareholder, are covered.

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R / O: 26 Napier Court, Gander Lane, Barlborough, Chesterfield, S43 4PZ
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