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BUSINESS CONVEYANCING
If you are buying or
selling a business, GM Lawyers is able to attend to a range of
important issues from contract preparation to ensuring that all
necessary steps are taken to enable a valid transfer of the
business assets. In drafting a contract, there are a multitude
of considerations and the rights of the buyer and seller have to
be thoroughly spelt out. For instance -
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are staff going or
staying, and if they are staying who has the responsibility for
any leave or other entitlements they may possess.
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What rights does the
buyer have to satisfy themselves as to the financial viability
of the lease.
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What obligation does
the seller have to obtain the Landlord’s consent to the sale of
the business.
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What is the
agreement of the parties in relation to the treatment of
creditors, debtors, GST.
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Does the
buyer pay extra for stock.
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How is the
purchase price apportioned between inventory, stock,
goodwill etc.
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What is the
seller’s future exposure to the Landlord if the buyer
doesn’t fulfil their obligations under the lease.
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These are only a
handful of many considerations, all of which GM Lawyers is
able to address on your behalf.
For more information on the
business conveyancing services GM Lawyers is able to provide or if you would like an
obligation free quote please email us on
law@gmlaw.com.au or telephone us on 07 3286 5711. Alternatively
you are most welcome to visit us at either of our office
locations. For your convenience GM Law have offices with easy
parking at both Cleveland and Woolloongabba. |