Commercial Law | Buying and Selling a Business

Buying or Selling a Business with Property Lawyer Assistance

Buying or selling a business is very tedious work. Our team prides itself on having extensive experience in the field, enabling us to formulate effective methods to help establish a process that has minimal risks.

Obtaining or handing over a business is a heavy decision to make. A sale of a business constitutes years of hard work, which makes it crucial that the sale is properly organised and documented to avoid problems that could possibly follow the sale. A systematically processed sale can minimise issues due to details in the contracts that may have been misunderstood or completely overlooked.

Conversely, when you are acquiring a business, it is important that you understand what you are getting when you put your signature on the contract and deposit your payment.

How property lawyers can help

Executive Legal only works with the best Sydney-based lawyers who are experienced and have dealt with numerous issues relating to buying or selling businesses over the years. If you are considering obtaining an existing business and are unsure on how to handle the situation, Executive Legal lawyers would gladly give you legal advice and guidance throughout the entire legal process.

Our lawyers will advise you on all of the necessary elements legally required to be included in the contract of sale—inclusive of special conditions. If you are in the process of selling your business, Executive Legal can assist you with transferring the ownership of rights, responsibilities and assets of the business. We will ensure that you understand each and every one of these components to avoid any issues following the sale or purchase of a business.

Executive Legal Sydney-based lawyers can offer you assistance on a wide range of legal matters in relation to the purchase or sale of a business, which includes:

  • Getting the contract ready for sale of business
  • The assignment and transfer of the lease of premises during the sale or purchase of a business transaction
  • Making sure that your lease is registered and that you have complied with the compulsory requirements
  • Creating the draft for commercial agreements such as joint ventures and partnerships
  • Offer you advice on the protection of your commercial assets
  • Lending agreements
  • Preparing the business name, licences, trademarks, patents and goodwill
  • Business premises should you have the need to transfer a retail, commercial or industrial lease or require conveyancing to transfer ownership
  • Handle 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
  • Get in touch with us!