if you are considering selling your business, there are a plethora of issues to consider. How do you determine the price? What structure would give you the best chance of getting the price you are seeking? Are you looking for a clean break or a phased exit? What will happen to employees? What about the premises? All these points and many more require need to be planned in order to get the result you are looking for.

Wellers has helped many clients to acquire their first business, grow their operations and advised on the optimum exit strategy. Our Commercial team has a broad set of skills when it comes to preparing your business for sale. We regularly work alongside accountants, sales agents and other professional advisers as part of the team to sell businesses.

One partner we regularly work alongside on acquisitions and sales is the accountancy firm Gerald Edelman and in order to help potential clients get started Parmjit Bhogal of Wellers and Nick Wallis of Gerald Edelman have got together to produce a valuable introduction to the process of selling a business from both legal and financial perspectives. This gives you an important and practical guide to the key tasks confronting you, as well how to start addressing them and getting your business ready for sale.

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Parmjit Bhogal has wide ranging experience as a corporate and commercial lawyer across many sectors and especially in the technology and healthcare fields. He regularly advises on M&A transactions, management buy-outs, venture capital and private equity transactions. Parmjit also provides access to Wellers’ wider set of legal services, including property and employment advice.

Nick Wallis is a Partner and heads up the Deal Advisory team at Gerald Edelman, where he works with businesses who are looking to sell, buy, invest, raise equity or debt funding. Nick has over ten years’ experience. In that time he has led mid-market private company M&A transactions across a range of sectors, including leisure, industrial products, pharmaceuticals, transport and business services. Nick supports clients with all round deal advisory solutions, including due diligence support, financial and business modelling and valuation support.

At Wellers we are able to provide legal advice on many aspects of the sale of a business within our multi-disciplined London team. In particular advice of commercial property transactions and addressing employee issues. If you would like to talk to a member of our Commercial team about getting your business ready for sale please call on 020 7481 2422.