So, you want to sell your internet or mail order business and you think you’re going to get a great price for it and sail away into the sunset on the proceeds – after all, this business has unlimited earnings potential, right? Well, maybe so, but there are a few steps you’ll have to successfully negotiate first.
There are many reasons for selling an online business, including retirement, change in family circumstances and strategic decisions. But, whatever the reason, the route to selling an internet business can be long and littered with obstacles. You’ll quickly realise that it requires skills and knowledge that are way outside your comfort zone. Whether or not you achieve a successful outcome will depend on careful planning and consideration of many complex legal and commercial issues.
Seeking expert advice from a specialist e-commerce business transfer solicitor will give you peace of mind that you are doing everything possible to maximise the value of your business and achieve a hassle-free sale.
Truelegal: Specialist solicitors acting for Sellers of Internet Businesses and Mail Order Businesses
Unlike most other law firms, at Truelegal we specialise solely in business transfers, including the sale of online retail and mail order businesses. Since way back in 2000 we have acted for buyers and sellers of multi-million pound online business transfers right down to tiddlers that sell for £10,000. We are familiar with the particular challenges faced by e-commerce entrepreneurs and offer no-nonsense practical advice so that, right from the outset, you can be confident you’re making the right decisions and not exposing yourself to unnecessary risk.
Regardless of your reasons for sale, we can help you shape your business so that it is presented in the best possible light. We will guide you through the sale process and help ensure a smooth handover of your business, including the transfer of intellectual property rights, domains, hosting contracts, supplier leads, customer databases, distribution agreements and stock, premises and staff, if relevant. Equally as important, we will negotiate a watertight sale document including the warranties and indemnities necessary to protect your position post sale.
And you’ll be pleased to know that our in-depth understanding of business transfers and the e-commerce industry means that we can pass on cost savings to you without compromising on quality.
Make a free enquiry
The sooner we become involved in the process of helping you to sell your online business the more likely it is that your sale will be successful, so please contact us today.
Our full contact details can be found on our Contact Us page.
We look forward to hearing from you.