Our business purchase lawyers are very experienced and commercially savvy.
Some of the things we can assist you with are as follows:
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Due Diligence
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Business Purchase Contract Review
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Contract Negotiation
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Business Structure Advice
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Lease Advice
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Asset Only Purchases
Different Types Of Businesses Require Different Advice
Small Business Purchase
We recognise that small businesses have their own set of legal matters that need to be attended to and we provide relevant legal advice. We tailor our small business purchase package to be cost effective, based on what is required in your particular case.
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Just few (of many) typical issues could include:
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Does the seller have the right to the business name?
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How much time is left on the lease? Does the landlord agree to the sale?
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Does he or she owe money on the inventory or equipment and could it be repossessed by the suppliers?
It is imperative that in the enthusiasm to acquire a business or start a new business, these types of issues are explored.
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Larger Or More Complex Businesses
We have experience in complex and detailed negotiations to ensure that your interests are protected, but while understanding the need to remain commercially minded in representing your interests. As we deal with many types of businesses we can discover relevant issues that may not have been previously considered.
Matters To Consider When Purchasing Any Business
Due Diligence
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Financial statements from previous years, including detailed profit and loss
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The strength of the customer base
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The adequacy of business premises, including any lease
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Your ability to increase the turnover / profitability of the business
Useful due-diligence will assist you in helping you to decide whether the seller’s terms are fair and appropriate .
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Call now to discuss.