Are you considering buying a business? Then let us help you with the issues that you need to consider such as:
Is GST payable on the purchase price?
What is your stamp duty liability?
Do you have the best business structure in which to operate the business – Sole Trader, partnerships, company or trust?
Do you need to be registered for GST?
Is there a lease or leases that need to be transferred?
Are adjustments needed to be made to take into account existing employees entitlements?
Is there a franchise agreement that needs to be transferred or renewed? Is it capable of being transferred or renewed?
Is any intellectual property to be transferred?
What is the value of the goodwill?
Do you need tuition pre and post completion on running the business?
What reasonable restraints are enforceable against the seller?
What are your rights to that Business Name?
Is the price inclusive/exclusive of stock-in-trade and work-in-progress?
At Cooke & Hutchinson Lawyers we have years of experience assisting people just like you. Let us help you with the purchase of your new business . Why not make an online enquiry and take advantage of Cooke & Hutchinson Lawyers experience?
