With buyers seeking greater assurance on a business’s quality and growth potential, preparation is everything for company owners looking to sell, says James Goold, partner at global law firm Taylor Wessing.

As Abraham Lincoln wisely said, “Give me six hours to chop down a tree and I will spend the first four sharpening the axe.” Ensuring a business’s key commercial arrangements are contractually secure, its rights protected, and its legal obligations met is crucial to withstanding the scrutiny of a buyer’s due diligence.

Dive deeper into these valuable insights in the latest edition of UK Private Company Director, the quarterly newsletter for directors of owner-managed, family, and private equity-backed businesses.

Read the full article here.