Monday, 16 November 2009

Selling your company : 10 practical steps to make life easier when going through a company sale process

1. Check you have your statutory books and that they are up to date;

2. Check you have a signed employment contract for each employee and that your employment contracts comply with current legislation;

3. Check you have written agreements with all important customers/suppliers;

4. Check your insurance cover is adequate;

5. Check you are registered with the appropriate agencies (e.g. Information Commissioner);

6. Check your IT has all the necessary licenses;

7. Check your IP is adequately protected;

8. Check your property arrangements are in accordance with the documentation;

9. Check your banking/finance arrangements are all in order; and

10. Check you have in place the correct professional advisors (e.g. appropriately experienced lawyers).


DTM's company commercial team have a wealth of experience in assisting clients through the whole process.

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