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Negotiating the sales deal - buyer's perspective
The main points you need to consider when you are negotiating to buy a business.
Joint venture advantages and disadvantages
Understand the pros and cons of forming a joint venture to share resources, responsibilities and risks with another business.
Fire safety and building work
Taking into account building regulations requirements for fire safety when building, extending or materially altering your business premises.
Meetings with potential buyers for your business
How to prepare for and conduct negotiations with prospective purchasers of your business.
Your responsibilities and liabilities when selling your business
The warranties and indemnities you may have to provide to buyers; protecting your employees.
Undergoing due diligence
Allowing your buyer to check the claims you have made, and completing the sale agreement.
Choosing and negotiating with a buyer for your business
Selecting the right buyer for your business, conducting negotiations and drawing up Heads of Terms.
Business and commercial environment of Northern Ireland
Key trading sectors, business taxation and government help for businesses in Northern Ireland
Demographics of Northern Ireland
Overview of population, labour market, main business centres and economic activity in Northern Ireland
Choosing the right joint venture partner
How to carry out due diligence checks for joint ventures, and find a suitable partner with complementary strengths and the right attitude.
Create a joint venture agreement
How to create a fair and detailed joint venture agreement and establish the contractual terms for your new business operation.
Financial risk
Understand the main types of financial risks to your business and find ways to mitigate and reduce them
Employees, IT and environmental checks when buying a business
What you need to know about a business' employees, IT systems and environmental responsibilities before buying it.
Confidential information and confidentiality agreements
Understand your legal obligations when buying an existing business.
Marketing, entertainment and subscriptions expenses
What types of marketing, entertainment and subscriptions your business can claim as business expenses.
Reselling goods expenses
Details of some allowable business expenses self-employed persons can claim for when reselling goods.
Staff expenses
The types of allowable business expenses which you can claim for staff, and what you can't claim for.
Car, van and travel expenses
What you can claim as business expenses for your company car, van and travel expenses and what you can’t claim for.
Office, property and equipment expenses
How to claim business expenses for your office, property and equipment and an overview of eligible items.
Clothing expenses
What clothing items are classed as allowable business expenses that you can claim as expenses for your business.