Conveyancing Matters has the experience and expertise to assist in the sale or purchase of a business.
Whether the business is large or small, Conveyancing Matters will ensure the many aspects of transferring a business are attended to. If you have already negotiated a business transfer, Conveyancing Matters can prepare the Contract and Form 2 for you.
Business contracts are notoriously complex and attention to detail is paramount to ensure neither party is disadvantaged or their livelihood compromised.
These are just some of the matters to be considered when buying or selling a business:-
* GST implications - is the sale a going concern?
* Lease of premises - assignment, transfer or preparation of a new lease?
* Stocktake - who will undertake this and when?
* Restraint of trade - is this required?
* Staff – are they continuing employment, leave entitlements, workcover requirements, superannuation?
* Insurance - Fixtures and fittings, building?
* Local, state, and federal government compliance issues
* Business name - transfer name, phone numbers, web site?
* Licence transfer - liquor license, council permit, motor vehicle?
*Finance - business loan, borrow against other property, debenture, bill of sale?
While these represent only some of the many considerations when buying or selling a business, they serve to demonstrate the complexities involved.
Conveyancing Matters has the experience and the attention to detail necessary to effect these transactions in a manner that provides peace of mind.
