Buy a business (Buyer. 100%).
Acquire, sell or shut down a business Buy a business Acquire a business with the right structure, thorough due diligence, and documentation that protects you. Acquiring 100% of a business requires you to navigate due diligence, negotiate the terms of acquisition, and document the transaction in a way that protects you against undisclosed liabilities and […]
ADLV Law acts for Solitaire Automotive Group in sale to Autosports Group Limited
We are proud to have advised the shareholders of Solitaire Automotive Group on its acquisition by Autosports Group Limited (ASX: ASG) for approximately $50M. Solitaire Automotive Group are a household name in the South Australian luxury automotive industry, operating 15 dealerships across the Adelaide metro area which generate an estimated $300M annual revenue, their acquisition marks a new era in […]
3 legal must-haves before selling your business part 3: Heads of Agreement
This article is Part 3 of a series of blogs focusing on three pre-business sale documents: Part 1: Broker Mandate Letters; Part 2: Non-Disclosure Agreements; and Part 3: Heads of Agreement. We have also developed a library of resources that will help clarify your thinking about selling your business and get you on the right […]
3 legal must-haves before selling your business part 2: Non-Disclosure Agreements
This article is Part 2 of a series of blogs focusing on three pre, business sale documents: Part 1: Broker Mandate Letters; Part 2: Non, Disclosure Agreements; and Part 3: Heads of Agreement. We have also developed a library of resources that will help clarify your thinking about selling your business and get you started […]
3 legal must-haves before selling your business part 1: Broker Mandate Letters
When selling your business, appointing a broker is usually the smart move. They can bring in qualified buyers, run a structured process, and help push a transaction across the line. However, you must be cautious about rushing into a Broker Mandate Letter (BML) without truly understanding its implications.
Protect your business when selling: a step-by-step guide to safe due diligence
You’ve built something valuable, a business that’s your pride and joy. Now, you’re ready to hand it over to the right buyer and move on to your next chapter. You’re excited about the possibilities: a lucrative sale, a smooth transition, a well-earned reward. But as you picture potential buyers poking around in your books, a knot forms in your stomach.
Andrew Andreyev chats with Tax Talks about Asset Protection Silos
How should you structure a multi-project business for asset protection? Let’s say you are a builder with several construction projects. Or in hospitality with several restaurants and cafes. Or a retail chain with various locations. Or in agriculture with several enterprises. How should you structure your business so that creditors from one project or site […]
9 questions to ask yourself before you sell your business
We have written a lot of technical stuff about selling a business. But we’re finding that more and more people want to understand the best high-level strategy to actually conclude a successful deal. Set out below are 9 key questions you need to ask yourself before you start to sell your business. 1. Do I […]
Is your dental practice in need of a brush and floss?
We have a lot of dentist clients who have downed tools during the Level 3 restrictions. One thing they have in common is that they’re making lemonade out of lemons and getting their practices ‘shipshape’ for when the restrictions are downgraded back to Level 1 or 2. If this sounds like you, read on!
The commoditisation of everything
There really is only one sustainable career or endeavour – commoditisation. This is the work of taking something requiring high levels of knowledge, experience and creativity, and turning it into something that a novice can easily do for themselves, for free. If you want to maintain and grow your real value over an extended period, that is it. There is nothing else.