|
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 -
-
are staff going or
staying, and if they are staying who has the responsibility for
any leave or other entitlements they may possess.
-
What rights does the
buyer have to satisfy themselves as to the financial viability
of the lease.
-
What obligation does
the seller have to obtain the Landlord’s consent to the sale of
the business.
-
What is the agreement
of the parties in relation to the treatment of creditors,
debtors, GST.
-
Does the buyer pay
extra for stock.
-
How is the purchase
price apportioned between inventory, stock, goodwill etc.
-
What is the seller’s
future exposure to the Landlord if the buyer doesn’t fulfil
their obligations under the lease.
These are only a
handful of a many considerations, all of which GM Lawyers is
able to address on your behalf.
For more
information on the services we provide,
please email us or call us
on
07 3286 5711
for an obligation free quote,
and we can provide a more in depth explanation of the service we
provide.
You can also schedule an appointment at our Woolloongabba
office by telephoning Mark McAvoy on 38440188. |
|
 |