Business purchase process

What are the different types of transaction ?

Admin — Thu, 28 May 2026 22:55:21 GMT

Management buy-in (MBI)

An MBI is the acquisition of all or part of a company by one or more persons, external to the business who will take over the control of the company themselves following the acquisition.

What can be gained from a visit to the seller’s premises?

Admin — Thu, 28 May 2026 22:54:31 GMT

The visit to the seller’s premises can be hugely beneficial and potentially enlightening in many ways.

Not least due to the fact that you are probably meeting the owner(s) face to face for the first time which, in itself, is very important in enabling you to start to build a rapport with them, but there are many other considerations, for example:

The look and feel of the place – is it busy? is it welcoming? are the people friendly?
Is there an obvious culture within the company?
How does the owner treat the staff?
Does the machinery and equipment look old and tired and need replacing?
If it’s a factory or manufacturing site, is there any research and development (R&D)?
Is there a quality control department? If so, what can you see going on there?
Is there an identifiable key member of staff who is in control of the day to day operations?
Is the location good for transport links and access to the motorway network?
What is the stockholding position like – is there a lot or very little?
Is the warehouse tidy?
Does the building look like it is in need of repair?
Is there room for expansion within the building or on the site, or both?
If it’s an industrial estate, what is the site like and what is the general state of other buildings on the estate?
Are the costs for the lease of the property reasonable for the physical size of space?
Will the owner share more confidential information with you face to face which he/she wouldn’t have been prepared to do via an email exchange?

A visit to the seller’s premises will hopefully be a very worthwhile investment of your time but, you must be sure that you’ve spent sufficient time analysing the business beforehand to gain as much information as possible before you attend a site meeting.

Be wary of spending time on too many wild goose chases.

What are the “red flags” to avoid when searching for a business to buy?

Admin — Thu, 28 May 2026 22:53:31 GMT

Depending upon whether you are in the search process or whether you’ve progressed beyond that stage, there are various red flags which will give an indication that the business in question might not be the one to progress. For example:

What are the Stages in the business buying process?

Admin — Thu, 28 May 2026 22:52:19 GMT

What happens after the transaction has been completed?

Admin — Thu, 28 May 2026 22:49:05 GMT

POST COMPLETION CONSIDERATIONS

Client Guide to Selling Your Company by Way of Share Sale

Admin — Thu, 28 May 2026 22:47:35 GMT

We, at Bermans Limited (Bermans), are here to make our clients’ lives easier. We pride ourselves in working with our clients to ensure that our transactions run as smoothly as possible. Selling your company is an extremely important and personal decision and we are here to help with the legal process.