We will advise you on all of the components legally required to be included in the contract of sale (including special conditions). If you are in the process of selling your business, we will assist you with transferring all ownership of the rights, responsibilities and assets of the business. To avoid any issues following the sale or purchase of a business, it is necessary to identify and understand these components in full.
Our Sydney based solicitos can provide you with assistance for a range of legal matters related to the purchase or sale of a business in New South Wales, including:
- Preparing the contract for the sale of a business
- Assignment and transfer of the lease of premises during the sale or purchase of a business transaction
- Ensuring your lease is registered and the compulsory requirements adhered to
- Drafting commercial agreements (e.g. joint ventures and partnerships)
- Advice on the protection of commercial assets
- 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
If you’re looking to purchase or sell a business, contact the team at Path Legal to seek further information or to set up an appointment with one of the members of our team today.