Businesses
Edwin Ross has acted for Businesses for over 30 years as a commercial and company lawyer.
A special service for Business Owners is that Edwin Ross makes himself available after normal working hours and on some Sundays for appointments and telephone discussion. He travels to see clients extensively in England & Wales.
The Practice enjoys a close working relationship with some Business Sales Agents; specialist Independent Financial Advisers; Bankers who provide facilities to Businesses and Accountants.
· Selling your Business – we guide you through the minefield at this vital time, helping you:-
o with the detailed and searching questions raised by the Buyer’s solicitors;
o to decide whether to sell your property or lease it to the Buyer;
o with regard to your existing bank loan and what to do about any equipment leases;
o whereby we deal with the drafting the Sale Contract;
o liaise with your Accountants to attempt to achieve the maximum tax advantages;
o deal with any technical matters that relate specifically to your Business;
o if there is an exposure to Inheritance Tax in relation to the proceeds of sale (in conjunction with our Wills and Trust making services); and
o many other matters that arise during the sale process
· Buying your Business – whether it is your first purchase or you are looking to expand we help you at this vital time. We deal with:-
o the usual Property matters whether there is Propertyto Buy or Lease involved;
o raising detailed and searching questions with the Seller’s solicitors regarding the property and the business
o amending and approving the Sale Contract;
o raising the necessary Searches against the Property and advising on the results;
o liaising with the Lending bank and advising you on the terms of the Loan;
o liaise with your Accountants to attempt to achieve the maximum tax advantages;
o deal with any technical matters that relate specifically to the Business;
o checking that the Property has the necessary planning permissions; and
o many other matters that arise during the buying process.
· Limited Company, Limited liability partnerships, sole trader or partnerships - your choicesexplained in close co-operation with your Accountants;
· Employment law requirements for your staff and a working knowledge of TUPE – the regulations governing employment law when there is a change of Ownership in your Practice, including a review and/or drafting of the required Contracts of Employment; Grievance and Disciplinary Procedures; Health & Safety issues; Discrimination issues and more
Our fees reflect value for money in these difficult economic times. We have lower expenses than city centre firms of solicitors, the benefit of which is passed on to you. Fees are discussed at the outset and confirmed in a written terms of engagement letter so that you can budget accordingly.
