Sell your business outright
Sell your business outright We will help you sell your business at a fair price, on terms that stop following you once the money lands. You only sell a business once. The price is the part everyone talks about, but the terms decide how much of it you keep. A buyer will ask you to […]
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 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.
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 […]
A life-changing ‘chocolate coated’ deal
As a lawyer, you really savour the great deals you get to assist great clients with. Find out about just such a deal we recently had the fortune of being entrusted with.
Is your business ready for sale?
If you’re thinking of selling your business, we bet there are 2 key outcomes you are looking for:
1. Getting the highest purchase price possible; and
2. Being able to make a clean break from the business, so you can think about something else (and maybe even relax or take a holiday).
These outcomes are both realistic and achievable, but it will take some planning before you put the business up for sale.
Dealing with employees as part of a business sale
Dealing with employees and their entitlements as part of a business sale or acquisition is not straight-forward. There are plenty of traps and tricks for the uninitiated. Find out what you need to know.
How do I enforce my PPSR interest?
If you have registered your interest in property on the Personal Property Securities Register (PPSR), here’s some tips on how to enforce it.
5 things you need to know about ‘vendor finance’
Whether you are buying or selling a business, the chances are that ‘vendor funding’ will play an important role in getting the deal done. This article discusses 5 issues that should be considered by a seller when using vendor finance in a business sale.
Will I ever realise the value in my business?
If you’re like me you pour your life and soul into building your business. But when did you last stop and ask yourself, ‘What for?’ If, like me, being in control of your financial destiny is important to you, then it’s important to make sure that the value of your business is protected if something unexpected happens.