Acquiring or relinquishing a business is never a light decision to make. A sale of a business represents months or years of hard work.

Because of this, it’s important that the sale is properly structured and documented to minimise issues that could follow post-sale due to contracts being misunderstood or overlooked entirely.

Similarly, if purchasing a business, it is imperative that you understand exactly what you are getting when you sign the dotted line and pay the deposit.

At Path Legal, our Sydney based solicitors have dealt with many issues of the sale or purchase of businesses over the years. If you are intending to purchase an existing business and are seeking legal advice, Path Legal can assist you with the legal process.

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.

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Why choose PATH LEGAL?

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1. Seasoned Solicitors:

At path legal, our team comprises seasoned solicitors with extensive experience in conveyancing. You can trust in our expertise to navigate through complex legal matters with confidence and efficiency.

2. Personalized Legal Solutions

At path legal, our team comprises seasoned solicitors with extensive experience in conveyancing. You can trust in our expertise to navigate through complex legal matters with confidence and efficiency.

3. Meticulous Attention to Detail:

We pride ourselves on our meticulous attention to detail. From reviewing contracts to conducting thorough due diligence, we leave no stone unturned in ensuring that every aspect of your transaction is carefully scrutinized and addressed.

4. Transparent Communication:

Communication is key to a successful legal representation. At path legal, we believe in transparent and open communication with our clients. You’ll be kept informed at every step of the process, with clear explanations and regular updates on the progress of your case.

5. Steadfast Representation

When you choose a path legal, you choose steadfast representation. We are dedicated to advocating for your best interests and achieving the best possible outcomes for you. With us by your side, you can have confidence in the strength of your legal representation.

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