Partner Services
Legal Support for Buying a Business
Every business acquisition needs a solicitor who understands the transaction. We connect our clients with trusted commercial solicitors who specialise in business purchases — and who know how to work alongside a finance broker to keep your deal on track.
Why You Need a Specialist Solicitor for a Business Purchase
Buying a business is not like buying a property. The sale agreement covers not just price, but what you are acquiring — goodwill, intellectual property, plant and equipment, stock, contracts, and staff. It also includes warranties about the condition of the business, restraints on the seller trading in competition, and conditions that must be satisfied before settlement completes.
Getting this wrong is expensive. Poorly drafted agreements lead to disputes after settlement. Missing a condition precedent can collapse the deal at the last moment. Overlooking a lease clause can leave you with premises you cannot afford or cannot keep.
We refer clients to solicitors who work regularly on commercial acquisitions — not general practitioners or residential conveyancers, but lawyers who understand business law, commercial leases, and how to get a transaction settled cleanly.
No Referral Fees
We do not earn referral fees from any solicitor we introduce. We refer clients to lawyers we trust because good legal support makes transactions settle properly. That is the only reason.
What a Business Purchase Solicitor Does
From reviewing the heads of agreement through to settlement day, your solicitor protects your interests at every stage.
Sale Agreement Review & Negotiation
The business sale agreement defines what you are buying, at what price, and under what conditions. Your solicitor reviews every clause — warranties, restraint of trade, handover period, and conditions precedent — before you commit.
Legal Due Diligence
Beyond the financials, legal due diligence covers contracts, leases, licences, employee agreements, and any legal claims against the business. Issues found here can renegotiate price or kill the deal entirely — finding them early matters.
Lease Assignment or New Lease
Most businesses trade from leased premises. Your solicitor manages the assignment of the existing lease to you, or negotiates a new lease with the landlord. Lenders require sight of the lease before settling — your solicitor ensures it's in order.
Structure & Tax Advice Coordination
Whether you are buying shares or assets, the legal structure has tax and liability implications. Your solicitor coordinates with your accountant to ensure the purchase structure is correct before contracts are exchanged.
Conditions Satisfaction & Settlement
Most acquisitions settle subject to conditions — finance approval, franchisor consent, landlord consent. Your solicitor tracks and satisfies each condition, coordinates with our finance team, and manages the settlement process.
Employment & Contractor Transfers
The business comes with staff — and legal obligations. Your solicitor advises on employee transfer entitlements, unfair dismissal risk, and how to handle contractor agreements that need to be novated or renegotiated.
How We Work Together
Finance and legal work in parallel — not sequentially. When both teams are coordinated, deals settle cleanly and on time.
Heads of Agreement
We assess finance feasibility while your solicitor reviews the heads of agreement. Both teams flag issues early — before you are bound.
Due Diligence Period
Your solicitor conducts legal due diligence; we finalise the credit application and lender assessment. Findings from both sides inform the final price and structure.
Finance Approval
We obtain formal finance approval and provide documentation to your solicitor. The sale agreement conditions precedent include finance — we satisfy this condition in writing.
Settlement Coordination
Your solicitor and our team coordinate settlement timing, documentation requirements, and fund flows. We stay in direct communication to meet the contracted date.
Who We Refer to a Business Purchase Solicitor
Frequently Asked Questions
Related Services
Business Acquisition Advisory
We build your complete finance application — credit paper, cash flow models, and risk documentation — to get your deal funded.
Franchise Acquisition Advisory
Buying a franchise? We handle the finance — credit paper, franchisor coordination, and lender selection.
Accountant Referrals
We also connect clients with trusted accountants for business purchase tax structuring and due diligence.
Need a Solicitor for Your Business Purchase?
Contact us and we will connect you with a trusted solicitor who specialises in commercial acquisitions and can work alongside our finance team.