Skip to main content
  • There are no suggestions because the search field is empty.

Buying and Selling a Business

In New South Wales

Buying and Selling a Business

In New South Wales

shutterstock_2265937125-1-1

Turning visions into ventures.

Buying or selling a business is a significant decision that requires careful planning and legal expertise. Whether you're a first-time entrepreneur looking to acquire an established business or a seasoned business owner ready to move on, the process can be complex and overwhelming. That's where our team of experienced business lawyers at CM Lawyers comes in. We're here to guide you through every step of the way, ensuring a smooth transaction and protecting your interests.

shutterstock_2467960521

Preparing for a Business Sale

If you're considering selling your business, it's crucial to have a solid plan in place. Our lawyers can assist you with:

  • Preparing the contract for sale of business.
  • Transferring ownership of the business name, licenses, trademarks, patents, and goodwill.
  • Handling the transfer of business premises, including leases.
  • Assigning and transferring the lease of premises during the sale transaction.
  • Ensuring your lease is registered and adhering to compulsory requirements.
  • Drafting commercial agreements (e.g., joint ventures and partnerships).
  • Advising on the protection of commercial assets.

By working with our team, you can ensure that your business is properly valued, all legal requirements are met, and the sale process is as smooth as possible.

Acquiring an Existing Business

If you're looking to purchase an existing business, it's essential to conduct thorough due diligence and understand exactly what you're acquiring. Our lawyers can assist you with:

  • Reviewing the contract of sale and negotiating terms.
  • Conducting a comprehensive review of the business's assets, including fixed assets, equipment, and stock.
  • Analyzing the business's financial structure, including taxation and any outstanding debts or liabilities.
  • Reviewing supplier agreements and current invoices/orders
  • Assessing the business's goodwill and brand value.
  • Drafting and reviewing employment contracts for existing employees.

By working with our team, you can minimize the risks associated with acquiring a business and ensure that you make an informed decision.

Why Choose CM Lawyers?

We provide a full spectrum of legal services related to business transactions, including:

  • Contract Preparation: We draft and review contracts to ensure they meet legal requirements and protect your interests.
  • Due Diligence: Our lawyers conduct thorough due diligence to uncover any potential issues that could affect the transaction.
  • Lease Transfers: We assist with the assignment and transfer of leases, ensuring compliance with all requirements.
  • Asset Protection: We offer guidance on protecting your commercial assets, including trademarks, patents, and goodwill.

If you are considering buying or selling a business, contact CM Lawyers today to discuss how we can assist you in achieving your objectives with confidence.