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From preparing your business for sale to negotiating and completing the transaction, our experienced commercial team ensures your interests are protected and your goals are achieved.

Expert Legal Advice at Every Stage

Our Corporate Services Team works hand-in-hand with our wider Business Law experts to offer a complete, joined-up service. We provide tailored advice on every aspect of the sale process, including:

  • Corporate structure and legal documentation
  • Employment law considerations
  • Commercial property issues
  • GDPR and regulatory compliance
  • Contract reviews and assignment
  • Post-sale obligations and liabilities

This integrated approach ensures that all legal, financial, and operational aspects are carefully considered—so you can proceed with confidence and peace of mind.

Types of Business Sales We Support

Every sale is different. Our solicitors are experienced in advising on a variety of transaction structures, including:

  • Share sales of private limited companies
  • Asset sales, including partial or full transfers of business assets
  • Complete business sales or group divestments
  • Management Buy-Outs (MBOs)
  • Employee Ownership Trusts (EOTs)
  • Partnership exits and internal transfers

If you’re unsure which option is best for you, we will explain the benefits and implications of each route—helping you make a fully informed decision.

Preparing Your Business for Sale

Planning is key to a successful exit. We’ll work with your accountant, financial adviser, and other stakeholders to prepare your business for sale. This may include:

  • Pre-sale legal due diligence to identify and address issues early
  • Reviewing governance and shareholder agreements
  • Tidying up contracts, leases, and employment arrangements
  • Ensuring intellectual property, data protection, and compliance matters are in order

Well-prepared businesses tend to attract higher offers and smoother transactions—so we help you present yours in the best possible light.

Why Choose Franklins Solicitors?

  • Specialist Expertise – We provide end-to-end legal support across corporate, employment, property, and regulatory law.
  • Bespoke Service – Every transaction is unique. We tailor our approach to your business size, sector, and sale objectives.
  • Collaborative Approach – We work closely with your existing professional advisers to deliver a seamless experience.
  • Confidential & Discreet – We understand the importance of privacy during a sale and operate with complete confidentiality.
  • Trusted Guidance – With 40+ years of experience, our team is here to safeguard your legacy and help you achieve the right outcome.

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Frequently Asked Questions about Selling Your Business

What makes Franklins Solicitors distinct in the market for selling a business?

Franklins Solicitors stands out due to our personalised approach and deep understanding of the commercial landscape. Our team not only offers legal expertise but also provides strategic advice tailored to each client’s unique situation. We focus on maximising your returns while minimising risks, leveraging our extensive network and the latest market insights to ensure a smooth and successful sale.

What are the benefits of using Franklins Solicitors' legal services for selling my business?

Choosing Franklins Solicitors offers several benefits, including:

  • Comprehensive legal support throughout the selling process, from valuation to completion.
  • Expert negotiation skills to secure the best possible terms and price.
  • Strategic guidance on structuring the sale to optimise tax implications and future liabilities.
  • Peace of mind knowing that all legal and regulatory compliance issues are addressed.

What does the process look like if I decide to sell my business with Franklins Solicitors?

  1. Initial Consultation: We start with a meeting to understand your business, objectives, and any specific concerns you have about the sale.
  2. Business Valuation and Preparation: Our team will assist in evaluating your business accurately and preparing it for sale, including cleaning up financials and ensuring all legal documents are in order.
  3. Due Diligence and Negotiations: Once a buyer is interested, we’ll facilitate the due diligence process and negotiate terms to ensure you get the best deal whilst limiting your future liabilities..
  4. Finalising the Sale: We handle all legal aspects of finalising the sale, including drafting the sale agreement, ensuring compliance with all legal requirements, and managing the closing process.

How long does the process of selling a business usually take when working with Franklins Solicitors?

The timeframe can vary significantly depending on factors like the complexity of the business, market conditions, and how quickly a suitable buyer is found. On average, the process can take anywhere from 6 to 12 months. We strive to expedite the process while ensuring no detail is overlooked.

Are there any upfront costs involved in selling my business with Franklins Solicitors?

We pride ourselves on transparency regarding fees. While some initial costs may be involved for valuation and preparation services, our main fees are typically structured as a percentage of the sale price or as a fixed fee agreed upon in advance. We discuss all costs openly during our initial consultation.

Can Franklins Solicitors help with the transition period after selling my business?

Absolutely. We understand the importance of a smooth transition for both the seller and the buyer. Our services include advising on transition arrangements, negotiating terms that protect your interests post-sale, and providing support for any legal requirements related to the handover process.

What should I prepare for the initial consultation with Franklins Solicitors?

For our initial consultation, it would be helpful to prepare:

  • An overview of your business and its history.
  • Recent financial statements and any business valuations you’ve had done.
  • Any specific goals or concerns you have regarding the sale.
  • Questions you have for us about the process or our services.

This information will help us provide you with tailored advice right from the start.

How do I get started with selling my business with Franklins Solicitors?

To get started, simply contact us to schedule your initial consultation. You can reach us via phone, email, or through our website. We’re ready to guide you through every step of selling your business, ensuring a successful and rewarding outcome.

Contact the Franklins Business Services team

If you have any questions about selling your business, please don’t hesitate to contact our team of experts who are on hand and ready to help you.