Selling or purchasing a business is without doubt a significant event for most people. A person’s financial future depends on getting it right from the outset.
Purchases
When acting for a purchaser, we carry out the due diligence investigations required. A commercial lease also requires considerable attention. The wrong commercial lease can handicap a business from the outset and can have a detrimental effect on any future sales. Speak to Bob who has prepared and reviewed commercial leases for almost 40 years.
The contract for purchase is also a very important document which must correctly reflect the best possible commercial terms for a purchaser for both legal and taxation reasons. Whilst a business contract may suit many purchases, share sale agreements are also worth considering, depending on the circumstances.
In addition, any purchaser has to consider existing contracts, licences, franchises, intellectual property, permits and a whole host of other matters.
Sales
When selling a business, advice on the correct contract and method of sale is essential. We work with the seller’s accountant and any business broker involved to formulate the most appropriate sales’ contract for a seller. Standard contracts can be fraught with difficulties including breach of warranty claims arising after settlement of the sale. Having the right contract from the outset should mitigate or avoid the risk of claims.
We work in commercial matters extensively and have both the skills and experience to advise on all aspects of business including structuring of sole traders, companies, partnerships, trusts and superannuation funds.
We provide comprehensive legal advice on mergers and acquisitions, corporate including compliance, risk and strategy, banking and finance, property, succession planning, intellectual property including privacy legislation, dispute resolution and numerous other matters relating to the commercial world.
We provide company legal audits to assist in identifying and complying with a complex series of rules and regulations. Bob, as a qualified company director, is also able to offer his services as a non-executive director in larger private companies and also in public companies for commercial operators who wish an independent (and sometimes challenging) viewpoint to determine future direction.
Take the opportunity of speaking with a man who has a passion for detail as well as a commercial business focus and is well known for his personal contact with clients.