The sale or purchase of a business can be a pivotal moment for any individual, family, or organisation. A good sale and purchase process can set both parties up for a clean handover and success with their respective future enterprises. We have developed a strategic and meticulous approach to both sales and purchases of business for our clients, refined over many years of our legal practice. And because the law is always evolving, we keep up-to-date with any legislation changes that might affect business, so you won’t have any nasty surprises when it comes to your purchase or sale contacts.
Our Practice Areas
Sales & Purchases of Business
We Can Assist With
Buying a Business?
With the many costs associated with purchasing a business, you may be tempted to do your own legal legwork, without consulting a legal professional. Our strong advice would be: Don’t. When it comes to setting up your new business for success, you need to make sure due diligence is conducted and your interests are well represented in the contract negotiation. We want to see you off to a seamless start with your new business acquisition.
How can we assist?
Contract review - getting clear on the fine print before you sign
Due diligence - to make sure you know exactly what you are purchasing with no hidden surprises
Contract negotiation - representing you at the table so your interests come first
Business structure advice - how to best set up your new business for compliance, tax optimisation, flexibility, and future scalability.
Property lease and purchase advice - to help you understand the terms of any existing lease you will take an assignment of, or assisting you with negotiations of a new lease for your business.
Selling a Business?
When it’s time to sell your business and move on to your next adventure, we can assist you in the sale process. Having experienced and trusted legal advice through the stages of sale will aid you in the transition, ensuring you have clarity around what you need to prepare, and of course in setting the price and terms you want to achieve.
Whether you are selling or buying a business, get in touch with our commercial law team for experienced advice
How can we assist?
Preparing the Business for Sale
We can help you gather all necessary documentation related to the business, including financial records, contracts, intellectual property documents, employee agreements, and compliance records. We can organise and disclose this information to potential buyers during the due diligence process.
Sale Structure
We can help you determine your preferred sale structure, taking into account tax implications, liabilities, and other relevant factors.
Disclosure Requirements
We can help you determine what information you are legally obligated to provide about the business to potential buyers, ensuring it is accurate and complete for your compliance.
Contracts and Agreements
We can review existing contracts, agreements, and leases. We can also assist with transfers to the buyers, or contract terminations before the sale.
Employees and Benefits
If you have employees, we can inform them of the impending sale, and assist you to understand the changes to employment agreements, benefits, and potential severance obligations.
Tax Considerations
We can advise you on how the sale will affect your tax obligations, and help set you up in the most favourable tax structure. We can also work as part of a team with your accountant and financial planner.
Regulatory Compliance
If your business has industry regulations, permits, licences, zoning laws, or other legal requirements, we can help you with compliance to ensure that any relevant permits or licences are transferred to the purchaser and to prevent any legal issues post-sale.
Our Sales & Purchases of Business Team
Sam Ferraro
Director of Ferraro & Singh Lawyers
Sam Ferraro
Director of Ferraro & Singh Lawyers
Sam Ferraro
Director of Ferraro & Singh Lawyers
Catherine Micallef
Business Law, Commercial Law and Property Law
Catherine Micallef
Business Law, Commercial Law and Property Law
Catherine Micallef
Business Law, Commercial Law and Property Law
Discover the difference.
You are always valued as an individual and your lawyer will understand your situation. We focus on resolutions, avoiding costly proceedings where we can.
The local community trusts us, recommends us, and has continued to engage our services for more than 30 years.
You need to be heard. We’re here to listen.