In today's competitive business landscape, protecting sensitive information is crucial. Companies often rely on non-disclosure agreements ( NDA ) to safeguard their confidential information from being shared with competitors or the public. But do these agreements actually work? In this article, we'll explore the effectiveness of non-disclosure agreements. What is a Non-Disclosure Agreement? A non-disclosure agreement, also known as a confidentiality agreement, is a contract that is intended to ensure that information shared between parties is kept confidential. This information can include trade secrets, financial data, customer lists, and other sensitive information that the discloser has a duty to keep…

If you’re buying or selling a company, there are two main routes to consider – an asset sale or a share sale. Each comes with its own advantages and downsides. In this article, we’re going to look at both, as well as the legal implications, so you can assess which is best for your needs. When assessing the strengths and weaknesses of an asset sale vs share sale, it’s important to understand the basics. As the name implies, an asset sale involves the purchase of some or all the assets of the company, including property, equipment and intellectual property; the…

It’s not uncommon for a firm’s management or ownership to change during its life as a natural part of the company’s growth and development. Two of the ways this can happen is through a management buy-in (MBI) or a management buyout (MBO). A management buy-in, or MBI, refers to the process in which an external party purchases a significant share or the entire company from its current owners. In many cases, this will mean replacing the existing management team with one of their own. On the other hand, a management buyout is a corporate finance transaction in which the existing…

Selling a business, no matter what size, is a big undertaking requiring plenty of consideration and planning. As an owner or partner, you’ll be looking to get the best possible deal and achieving that means having everything in place from a legal point of view. So your first port of call should be with a team of commercial solicitors with a successful track record in business sales and JPP Law offer a free introductory call which can be utilised before you have found a buyer. It’s a worthwhile exercise because we can provide hints and tips on preparing your business…

If you are planning to sell your business, one option might be a management buyout (MBO) if you think the current management team could be interested in buying you out. Planning well ahead will help to ensure that the MBO team is right for the deal, that your business is presented in the best possible shape so that the buyers and their funders can see value and future potential in the proposed acquisition – and that you will receive your just rewards. By getting your business MBO-ready as early as possible, it is more likely that any deal will succeed,…

If you have spotted a great business acquisition opportunity and the headline figures look superb, how do you know that you will be getting the value and benefits in the deal that you had hoped for? The key lies in the quality and depth of the due diligence carried out by your advisors, especially in regard to the transferability of the business contracts. It is a sad fact, that some otherwise viable acquisitions have failed to succeed as a result of important contracts not being transferable to the acquiring business. In this article we delve into the various aspects to…

When the New York Times purchased the free to play word game Wordle for a seven figure sum, eyebrows were raised. How could a new game that has never generated an income be worth so much? The New York Times purchased it as a method of potentially boosting subscription numbers which will increase revenue. No one knows if the strategy will pay off but The New York Times were aware of this and prepared to take the risk! There are numerous ways to value a business and so there is plenty of scope for valuations to differ but sometimes the…

Whether or not you are starting to think about retirement, if you have any plans to sell your business in the future then there are steps that you can take to ensure that you achieve the best price for your business and to sell it on the most favourable terms. It is worth investing time and effort to ensure that your business is presented as attractively as possible before you start to market it to potential purchasers

New National Security and Investment Act will regulate acquisitions across 17 business sectors including transport, energy and advanced materials

If you are contemplating buying another business, then you will have been suitably impressed with the sale particulars. But these do not tell the whole story and when you decide to acquire the assets of a business you will want to satisfy yourself that you can continue trading and can realise any potential growth plans.