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Am I mad? Hello!

This is a discussion on Am I mad? Hello! within the Come And Say Hello! forums, part of the Main category; Hi Sarah Thanks for the tips - yes the current owner and we are keen for a handover period which will ...


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  #21 (permalink)  
Old 03-09-2007, 05:47 PM
pearly pearly is offline
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Hi Sarah

Thanks for the tips - yes the current owner and we are keen for a handover period which will be staged over several weeks with him taking us through everything. We're lucky in that the owner is very committed in helping us make a go of it.

We are going on the next IF course - will be booking that very soon, just completing all the change over paperwork at the mo!

Thanks!
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  #22 (permalink)  
Old 03-09-2007, 07:04 PM
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snowdrop snowdrop is offline
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Good Luck you will enjoy and as sosas says ask plenty of questions even the little silly ones
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  #23 (permalink)  
Old 04-09-2007, 10:43 AM
pearly pearly is offline
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Thanks everyone! Just a few questions about legal issues... anyone got any tips on these?

We have 3 aspects to draw up: 1. purchase agreement, 2. partnership agreement between my friend and I and 3. lease agreement for the property.

We did think about having the solicitor do all 3 but that works out at a lot of money now that we have their quote, some people have said its cheaper to get the accountant to do the partnership agreement with our input and also the purchase agreement and just get the solicitor to sort out the lease terms.

Any ideas for/against?

Thanks!
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  #24 (permalink)  
Old 04-09-2007, 11:53 AM
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I got the solicitor to do all mine they are the experts, they are expensive but you know its all done properly then. It could work with the accountant they should know what they are talking about too
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  #25 (permalink)  
Old 13-09-2007, 04:46 AM
rainbow rainbow is online now
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Hi Pearly and Ali, all the best. Looking forward to chatting to you both.
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  #26 (permalink)  
Old 13-09-2007, 06:01 PM
pearly pearly is offline
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Thanks Rainbow (and all)

I've been quiet as I'm buried under emails from accountants, solicitor, current owner...

Still hoping to take over 1st Oct!
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  #27 (permalink)  
Old 13-09-2007, 08:57 PM
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alby alby is offline
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I have reams and reams of notes I made whilst buying. Keep them cos its funny to read back and remember the angst! I think its worse than actually running the shop cos its all so up in the air.
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