Split up with your business partner/partnership dissolution.
Acquire, sell or shut down a business Split up with your business partner We will help you dissolve your partnership or buy out your co-owner in a way that is fair, legally sound, and protects your position after the separation. Separating from a business partner requires agreeing on the value of shared assets, determining who […]
Andreyev Lawyers Partners with FBA to Enhance Support for South Australian Family Businesses
We are proud to announce a new South Australian State-based partnership with Family Business Association (FBA). Family Business Association (FBA) is the peak body for family businesses in Australia and New Zealand, helping family businesses to grow and thrive. Members are supported through tailored education and events, networking with like-minded peers, and access to accredited advisors […]
When the Partnership Bubble Bursts: What happens if I want to continue operating the business post-dissolution?
Much like a divorce, the dissolution of a business partnership can be unexpected and difficult to manage. We have written before about what happens when someone leaves a partnership. This article goes into a bit more depth about what happens if you wish to continue operating the business after your business partner leaves.
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 […]
How to operate a bank account
You would think this is obvious. Some of us can still remember our first school savings account with the State Bank, pink piggybank and all… But when you start involving companies, trusts and partnerships, things can get a little more complicated.
What happens when someone leaves a partnership?
There are many misconceptions about what happens when someone gives notice to leave a partnership. Often, the other partners want to ‘continue’ the partnership, and they will immediately begin to treat the departing partner as an ‘outsider’. While this may feel correct to the continuing partners, this is not how the law sees things. Read […]