Buying and selling a business

So, a franchise. We think many people know what stands behind this concept. In short, franchising is a business model in which the franchisor (business owner, trademark holder) provides, for a fee, the franchisee (user) with the right to use a set of exclusive rights owned by him, including a trademark.

Share capital is a term used in business to describe ownership of a company. Share capital usually represents shares of a public company or ownership interests in a private company. Capital is the part of a company that is owned by shareholders (or owners) and has a value that can be sold or exchanged for cash or other assets.

When buying a company, it is important to not only consider what kind of business you are buying, but also understand who you are buying it from. There are several types of business owners. It is important for you as a buyer to pay attention to which company will best suit your needs and lifestyle, or at least understand the possible consequences of buying from a particular owner.

The balance of power is key when selling your business. If your company is attractive and you have several potential buyers, then you have the leverage to reach an agreement on terms with one of the parties.

Most business owners, after years of negotiating deals with clients and suppliers, are well versed in the art of negotiation. However, when it comes to selling their own business, many can feel overwhelmed by the high stakes and uncharted territory of these complex legal minefields.

When you buy an existing business, it typically has employees. This aspect of acquiring a business may seem awkward, but in reality the company's existing staff may be the most valuable part of the deal.

Finding a business that fits one of the ten types of acquisitions is your first step to success when purchasing a company. The vast majority of business purchase transactions most often fall into one of the following categories.

For business owners planning to sell, one of the most pressing questions is: how can you make your business as attractive as possible so that you can find bidders who will offer the best price?

There are still many franchisors on the market who do not offer partners the conditions promised in presentation materials. What points of the franchise agreement should be paid special attention to before concluding it, says Ramil Beydullaev, head of the department of the Sovet Legal Group.

In 2023, the share of Russian franchises in the domestic market increased. If in their home country the situation for entrepreneurs is favorable, then in the international market it has become more difficult to open and develop a Russian business. Ramil Beydullaev, head of the franchising support practice at the Legal Group “Sovet”, spoke about how to open a franchise abroad in 2024.

Before launching a franchise network, it is worth understanding how partners can deceive you. Let's look at three situations that occur most often. Artyom Garden, partner of the Sovet Legal Group, gives recommendations on what to look for and how not to step on a rake when getting into franchising.

There are two global misconceptions: the fact that Igor Nikolaev, in his song of the same name, talks about five reasons for lost love (in fact, there are eight of them), and also that legal Due Diligence is important and needed only by the buyer and only directly in the process of an M&A transaction.