Legal guidance is a requisite when it comes to dealing with any sale or purchase of business. Preparing the legal and financial documents accurately is highly important to make sure the final transaction goes smoothly. We at Biz Lawyers & Advisory, are widely known as the best Sydney business lawyers for offering skilled legal representation to their clients.
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Sale and Purchase of Business
If you are looking at setting up a new business, buying or selling an established business, our team of commercial lawyers can provide you with the following services:
- Advise you on the right structure for your business, whether it is sole trader, partnership, company or trust structure.
- Incorporate your proprietary limited company and set up your corporate constitution.
- Set up any unit trust and/or family discretionary trust to make your investment into the company or business tax effective.
- Advise you on the sale or purchase of your business, and assist you through the due diligence process, including preparing any confidentiality and non-disclosure agreements.
- Negotiate the key terms of the deal, including price, employee entitlements, leasing arrangements, debtors and trading stock, and intellectual property rights.
- Prepare and finalise the contract for sale
- Assist in the satisfaction of the conditions precedent, integration and pre-completion training.
- Help you to settle and complete the sale together with the relevant adjustments and the payment of stamp duty, ASIC and other regulatory filings.
How can we help you on the sale of your business
While planning for the sale of your business, you need to follow a number of vital steps, such as due diligence, drafting of the contract, reviewing of the contract, negotiation, exchange, and final settlement for ensuring the process to be conducted smoothly. With profound legal knowledge and expertise, our Sydney business lawyers are there to help you through all the phases, thereby ensuring a smooth transition. We have helped entrepreneurs across multiple industrial sectors in the sale of their businesses. We are here to help you in:
- Preparing the sale of business contract
- Negotiating the terms and conditions on commercial aspects
- Negotiating the terms and conditions on sale
- Transitioning of supply contracts
- Resolving issues on employment law
- Transfer of lease
- Designating intellectual property rights
An array of assets are being involved in the sale of a business, mainly contracts with the suppliers, licenses, real property interests, intellectual property rights, and more. So, it often becomes a bit complicated to organise all your assets and sell your business in the right way. After both the parties i.e., you and the potential buyer have agreed on all the terms and conditions, you need to go through a lot of formalities related to signing the contract and finalising the contract (exchange and settlement). And at Biz Lawyers & Advisory, we help you to get through these decisive steps of the sale of your business.
How can we help you in drafting a sale of business contract
A business sale agreement is the most vital legal document where every single detail related to the transaction is being described and recorded. Being the final step for transferring ownership after the negotiation process, this needs to be done with utmost attention and precision. And with our specialised Sydney business lawyers by your side, you can certainly stay ensured of the same. We have complete knowledge on the different parts of a business sale agreement, which includes:
- Parties
- Assets
- Liabilities
- Terms and disclosures
- Disputes
- Signatures
- Notifications
- Other supporting documents including bill of sale, supplier contracts, customer contracts, copies of leases, and more.
While keeping the requirements and objectives of both the parties into consideration, we draft the entire document, including all the above-mentioned parts in a precise way.
Our lawyers provide sensible and practical advice to help you deal with a range of issues to help you draft your sale of business contract and close your deal in an efficient and effective manner.
Why should you avail our legal services
Being the industry leader, Biz Lawyers & Advisory enjoys an enviable track record of assisting clients in the most efficient way when it comes to the sale and purchase of any business. We are widely known for delivering the best outcome to our clients. Some of our unique qualities which help us to stand apart from the rest are:
- Commitment towards excellence
- Proven legal counsel
- Cost transparency and certainty
- Responsive timeframe by ensuring minimised delay
- Holistic approach to the case
- A team of qualified specialists in the relevant legal disciplines
As Biz Lawyers & Advisory is committed to ensuring that all our clients are satisfied in their dealings with us, please give us a call so that we can better understand your requirements and offer you competitive pricing solutions.
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