What should I do if I wish to purchase a business?
Purchasing a business is an exciting time but there can be many pitfalls. You should not only get legal advice but also seek financial advice (and potentially other advice depending on the purchase).
What is due diligence and why is it important?
Due diligence is the process of making sure all the promises made by the entity selling the business are true and that no other issues will affect the purchase. As each business is different so is the due diligence process.
What is a confidentiality agreement?
A confidentiality agreement is an agreement between the parties not to release or divulge any information provided to another third party. They can be complex documents. They can have significant penalties and may be imperative to protect commercially sensitive information.
Should I see a lawyer before I sign a Confidentiality Agreement?
Yes. It is highly recommended. Confidentiality agreements can have significant penalties if they are breached. They can be very complex and the terms may be broad.
