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Asset Sale v Share Sale

Part 2 – Share Sale Continuing from last week’s post, this week we will be looking at the pros and cons of a share sale. As a quick reminder, an asset sale allows the buyer to select specific assets and liabilities of the business, while a share sale transfers...

Asset Sale v Share Sale

Part 1 – Asset sale When acquiring an incorporated business in the UK, there are two main options: buying the assets of the business or buying the shares of the company that owns the business. Both methods have pros and cons, and the better option will depend on the...

Territories in a Franchise Agreement

If you have decided to buy a franchise business, you will receive a copy of the business’s franchise agreement. Before we look at what might be included in a franchise agreement, let’s briefly recap what a franchised business is. A franchise is a type of business...

Six questions to ask yourself when limiting liability

This article covers six key things to consider when negotiating the limitation provisions in your contract. In practice what are the risks to the parties? A crucial first step is thinking about the losses that each party could feasibly be faced with if things go...