Business Law: Sale of Business & Purchase of Business, Sydney & NSW | Specialist Business Lawyers NSW
For free legal advice from business lawyers concerning the sale of business or purchase of business in Sydney and greater NSW, phone us right away - we provide up to 20 minutes over the phone with no obligation.
Szabo & Associates's business lawyers (Sydney, NSW) can provide assistance for a range of legal matters related to the sale of business and purchase of business in NSW, including:
- Our business lawyers can review and advise you regarding the contract for purchase of business
- Preparing the contract for sale of business
- Assignment and transfer of the lease of premises during the sale or purchase of a business transaction
- Drafting commercial agreements (e.g. joint ventures and partnerships)
- Advice on the protection of commercial assets
- Lending agreements
Sale of Business & the Contract for Sale of Business
Szabo & Associates Solicitors can assist in the sale of business by drafting the 'contract for sale of business' and advise on all components legally required to be included in the contract of sale (including special conditions).
When you are selling a business, your business lawyer will assist you with transferring all ownership of the rights, responsibilities and assets of the business. It is imperative to identify these components in order to ensure the contract for sale of business includes them all correctly, to avoid any issues from arising at a later stage. These can include:
- The business name, licences, trademarks, patents and goodwill
- Business premises (e.g. you may need to transfer a retail, commercial or industrial lease or require conveyancing to transfer ownership)
- The business' fixed assets, equipment and stock
- Employment contracts (if there are current employees)
- Any supplier agreements and current invoices/orders
- Information about the business' debtors and financial structure, including taxation
Purchase of Business & the Contract for Purchase of Business
Szabo & Associates Solicitors can assist in the purchase of business by drafting the 'contract for purchase of business' and advise on all components legally required to be included in the contract of purchase (including special conditions).
When you are looking to purchase a business, your business lawyer will assist you with transferring all ownership of the rights, responsibilities and assets of the business. It is imperative to identify these components in order to ensure the contract for purchase of business includes them all correctly, to avoid any issues from arising at a later stage. These can include:
- Advising on the best ownership structure (e.g. individual sole trader, partnership, company)
- Reviewing the Contract for Sale of Business to ensure there are no surprises, and negotiating amendments to the contract of sale if needed
- Performing company and business name searches, and verifying ownership of the business' intellectual property (including brand names, trademarks, patents etc)
- Arranging for the transfer of the business name, supply contracts, leases, business licences and permits
- Transferring employee entitlements
Arrange a consultation with an experienced business lawyer to discuss the sale of business or purchase of business in Sydney and greater NSW.
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Szabo & Associates Solicitors
Suite 402
Level 4, 88 Foveaux Street
Surry Hills, Sydney NSW 2010 Australia
Phone: 02 9281 5088
Fax: 02 9281 5988
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