If you are thinking of purchasing, selling or merging a business, you will need the assistance of a lawyer. Purchasing or selling a business is never a decision that can be taken lightly.
If you are selling your business, the business represents months or years of hard work, so it is important that the sale is properly researched, negotiated and executed.
If you are buying a business, you need to understand exactly what you are purchasing and ensure that you are getting value for money. After all, the process raises not only financial questions but also legal ones like:
- The appropriate business structure to buy a business;
- Drafting and negotiation of the contract for the sale or purchase of your business;
- Undertaking due diligence enquiries in consultation with you and advising on the results of those enquiries;
- Advising on the lease for the business premises including the assignment of the lease;
- Attending to the requirements of financial institutions funding the purchase;
- Arranging transfers of liquor licences held by the business;
- Transfers of equipment licences;
- Arranging for the transfer of franchises connected to the business or the grant of a new franchise agreement;
- Organising and attending settlement The sale and purchase of businesses represent a major investment on your part.
Do you need legal advice or representation? Contact Bazaliza Lawyers to discuss your situation – we'll treat your enquiry with the highest degree of confidentiality.