Buying a Business in Scotland : Made simple by Smith & Clough
Welcome to Smith & Clough, where we understand that buying a business is a significant decision—one of the most important choices you'll ever make. Ensuring that the business you choose aligns perfectly with your goals and aspirations is paramount. Our mission is to simplify and streamline the process of buying a business, offering expert guidance and support at every step to help you find the perfect business for you.
Buying a Business Process:
1. Buying a Business - Business Search
Use our business search function to view all the available businesses we currently have for sale on the open market. By registering on our website you can also be kept up to date of all new instructions that suit your requirements.
2. Buying a Business - Acquisition
At Smith & Clough we can also offer an acquisition service, whereby we can act on behalf of a buyer in order to help them find and buy a business, which is possibly not even on the market, and endeavour to facilitate a sale on your behalf and negotiate the best possible price for you.
3. Buying a Business – Viewing
Once you have identified a business that is of interest, the next step is to arrange a formal viewing. Contact us and we will arrange the viewing at a mutually convenient time for both yourself and the vendor. No direct approaches should be made to any business.
4. Buying a Business – Accounts / Other Information
Once you have viewed the business, we can provide you with all the business documentation we have available such as accounts and any other relevant information, in order to help you arrive at your decision.
5. Buying a Business – Offer
If you decide to make an offer on a business, then we will communicate your offer to our client, handling all negotiations and keeping you updated throughout the process. If you do not already have a Scottish solicitor then we would be happy to recommend some.
6. Finance
If you require funding then please see the Finance link on our homepage for details of our recommended commercial mortgage brokers who will be happy to discuss the funding options available.
7. Buying a Business – Deal Completion
Once your offer has been accepted, Smith & Clough will keep on top of the deal from start to finish, communicating with all parties and solicitors, to ensure the legal process is as timely and straightforward as possible to help you achieve your ultimate goal of buying your business.