Articles

Non-Compete Clause: A Complete UK Guide

A non-compete clause restricts what you can do after leaving a business, whether as an employee or as a seller. Most people encounter one for the first time when they are asked to sign an employment contract or a sale agreement and want to know one thing: is it enforceable.

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Completion Accounts vs Locked Box: M&A Guide

Every M&A transaction needs a mechanism for setting the final purchase price. In UK deals, there are two: completion accounts and locked box. One adjusts the price after the deal closes based on what the business actually looks like on completion day. The other fixes the price before signing and

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Management Buyout

Management Buyout: A Complete UK Guide

A management buyout is one of the cleanest routes to business succession. The buyer already knows the business, the staff, the clients, and the risks. The seller gets an exit without handing the company to a competitor or a stranger. On paper, it should be straightforward. In practice, MBOs are

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How to Sell Your Dental Practice in the UK in 2026

You have built a valuable asset. But the gap between what you think your practice is worth and what you actually walk away with can be significant. Costs erode the headline figure. Structure determines your tax bill. Preparation moves the multiple. This guide covers the real numbers, the real timeline,

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How to Buy a Dental Practice in the UK?

Buying a dental practice is one of the most significant decisions you will make as a clinician. It is also more complicated than most first-time buyers expect. Regulatory approvals, NHS contracts, due diligence, financing, and the deal structure all need to come together in the right order. Get any of

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Selling an Accountancy Practice: A Complete UK Guide

Selling an accountancy practice is rarely the simple transaction owners expect it to be. Recurring fees, client retention, professional body requirements, and run-off insurance all affect what the deal looks like and what you actually walk away with. This guide covers what to think about before you commit, how practices

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Goodwill Valuation in the UK – A Detailed Guide

When a business is sold for more than the value of its assets, the difference is goodwill. For most established businesses, it is the largest single component of the sale price. Get the goodwill valuation wrong and you either undersell what you have built or set a price that no

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Role of a Solicitor in M&A Deals

Most business owners entering an M&A transaction underestimate what a solicitor actually does. They assume it is mostly paperwork, something that happens at the end once the commercial terms are agreed. That assumption is expensive. The legal work in a deal is not a formality that follows the negotiation. It

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What Is a Share Purchase Agreement and How to Draft it?

Buying or selling shares in a business is not a handshake deal. It is one of the most legally significant transactions a business owner will ever enter, and the document that governs it determines what you own, what you owe, and what happens if things go wrong. That document is

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Force Majeure Clauses in Contracts

Most commercial contracts run smoothly until something unexpected makes performance impossible. A pandemic shuts down supply chains. A war disrupts international logistics. A natural disaster destroys a supplier’s facility. Without a force majeure clause, a business facing any of these events is still legally bound to perform, or face breach

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