Buying a Business: Advice for First-Time Buyers

Описание: In this episode of Listen Without Prejudice, corporate partners Andrew Kavanagh and David Little guide first-time business buyers through the key legal and financial considerations when purchasing a company.

With practical insights drawn from real-world experience, they explore the fundamental differences between share and asset purchases, the importance of early financial due diligence, and the structuring of deals to mitigate risk.

Whether you're navigating deal terms like earn-outs and exclusivity or wondering how to handle seller involvement post-completion, this episode provides a comprehensive overview for anyone stepping into the world of business acquisition.

Perfect for aspiring entrepreneurs, private investors, or business owners looking to grow through acquisition, this episode breaks down complex legal concepts into clear, actionable advice.

Chapter Markers:

02:00 – Share vs. Asset Purchases: What’s the Difference?
04:00 – Funding a Purchase: Financing Options & Pitfalls
06:00 – Due Diligence: The Financial First Step
08:00 – Legal Due Diligence & Structuring the Deal
10:00 – Working with the Seller Post-Completion
11:00 – Employees, TUPE, and Non-Competes
12:30 – Completion Accounts & Retaining Value