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Deferred payments in business purchases: what sellers and buyers need to know

Deferred payments in business purchases: what sellers and buyers need to know

Not every buyer pays the full purchase price upfront. But if part of the money is deferred, both parties need to think carefully about how it’s structured, whether security is needed, and what it means for tax and TOGC rules. In this article, I explain how deferred payments work, when you might need a separate loan agreement, and how to protect yourself legally if things don’t go to plan.

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Selling a hospitality business: legal tips for pub and restaurant owners

Selling a hospitality business: legal tips for pub and restaurant owners

Thinking of selling your pub, café or restaurant? From leases and licences to staff and stock, there’s more to it than handing over the keys. In this practical guide, I break down what’s involved in a hospitality business sale, what documents you’ll need, and how to avoid the usual legal headaches. Whether you’re selling up to retire or move on to something new, this is everything you need to know before you say cheers and hand over the taps.

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When email “banter” bites in a business sale – Inspired Education v Tom Crombie 2025

When email “banter” bites in a business sale – Inspired Education v Tom Crombie 2025

Thinking of selling your business? A recent High Court case shows how an email chain can derail a sale even after completion. In Inspired Education v Tom Crombie, the buyer claimed the seller’s emails amounted to gross misconduct. The judge disagreed, but the case highlights the importance of clear disclosures, understanding warranties, and being mindful of what you write. If you’re selling your business, seek advice early to avoid costly disputes.

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The Value of Having Great Legal Support for SME’s

The Value of Having Great Legal Support for SME’s

Many SMEs try to navigate the business world without formal legal support, but this can be a costly mistake. My latest blog post explains why legal advice is essential for small business owners, from drafting contracts and handling employment issues to regulatory compliance and dispute resolution. Discover how investing in the right legal support can protect your business, save money, and even help you grow.

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Deferred Payments in Business Sales: Risks and Safeguards

Deferred Payments in Business Sales: Risks and Safeguards

Deferred payments can help bridge the gap between buyer affordability and seller expectations, but they come with risks. My latest article unpacks why deferred payments are so common in business sales, the main risks they pose, and practical ways sellers can protect themselves – like security arrangements, clear drafting, and thorough due diligence. If you’re selling your business, understanding these points can help you avoid costly pitfalls and secure the full value you deserve.

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Navigating Settlement Agreements for Workplace Accidents

Navigating Settlement Agreements for Workplace Accidents

Workplace injuries are an unfortunate reality, but how employers respond can make all the difference. In my latest blog post, I explain what employers should do immediately after an accident (hint: it’s not just about offering a settlement agreement). I cover the essential legal requirements for settlement agreements in workplace injury cases, including when they’re appropriate and how to avoid common pitfalls. Learn how to approach these agreements thoughtfully to resolve disputes fairly and effectively.

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Sarah Thompson

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815.555.5555