When buying a business, a Buyer needs to know not only if the business is running successfully, but also if it is being run in accordance with the various laws and regulations which apply to businesses and the premises where they operate. For example, if you are buying a restaurant, you would want to know if there’s been a breach of food hygiene regulations. Whatever kind of business you’re buying, you need to know if the planning laws allow that business to be run from those premises.
If the business or the premises do not comply with various laws and regulations, the business could be shut down and become worthless.
As experienced business Solicitors, we therefore make enquiries to see if the business and the premises do comply and in most cases we would secure a guarantee from the Seller to that effect.Call Business Lawyers Direct today on or contact us via our online enquiry form and one of our senior solicitors will be pleased to discuss your requirements.