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Selling a Business in Brisbane

What your Business Lawyer Does

When selling your business there are many legal factors to consider, and if you are considering selling your business you should seek advice and guidance from a business lawyer well in advance.

A Brisbane based business lawyer will have intimate knowledge of how businesses are valued, and the skillset and expertise to prepare the necessary documentation. Doing these things will help ensure you receive the best possible outcome from the transaction. Skipping this step or trying to negotiate a business contract yourself, without the assistance of a business lawyer, may see your contract fall over, or see you having to deal with unexpected and unwanted problems.

Do I need a business lawyer?

There are many advantages a business lawyer can bring to the table that can assist with the sale of your business. An experienced business lawyer can protect your best interests by providing efficient, strategic advice throughout the entire process.
There are a few key steps involved in selling a business that requires professional advice.

Document preparation

A business lawyer acting on your behalf can provide advice regarding how to structure the sale of your business, and prepare the necessary documentation to ensure that the transaction gives effect to your best interests. It is critical that the terms and conditions of the sale of your Queensland business are set out clearly. A Brisbane business lawyer will be familiar with the overall processes involved in buying and selling local businesses, providing you with confidence that all of the paperwork will be prepared to ensure that the transaction proceeds smoothly.

Transfer duty & taxes

When selling a business in Queensland there are often transfer duty consequences, and knowing the ins and outs of what’s involved calls for an experienced business lawyer. Understanding exactly what your obligations are from the outset is critical, and your business lawyer will work with your accountant to ensure you are receiving the best possible outcome.

Legal obligations

There are a range of legal obligations which arise in every business transaction, and these must be considered and balanced by obtaining legal advice. Employing the services of a team who understand the implications associated with the sale of your business, particularly in Queensland, is essential.
Making the decision to partner with an experienced business lawyer will help ensure your transaction is on the road to success. Our experienced team takes the time to get to know businesses, and what is important to them. By doing this, we understand how to get the best possible result for our clients.

If you are considering selling your Queensland based business, contact one of our business lawyers and make an appointment to discuss your needs today.

September 28, 2017 Filed Under: Corporate & Commercial

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Client Reviews

"I would highly recommend Ben and the Rouse Lawyers team"

We are expanding our growing business into new areas. Ben Thorn took the time to understand our needs and delivered timely and expert advice. In addition to his coverage of the commercial transactions, Ben guided us through each step of the process of registering our trade mark. I would highly recommend Ben and the Rouse Lawyers team.

Jon MailerProtrade United

"Smooth, affordable and manageable"

“We recently engaged Rouse Lawyers to assist us in purchasing our first home. The support we received from Jesse Mason and his team was invaluable, easing the overwhelming emotions of being first time homebuyers. He supported us to understand both the land and home contracts, walking us through the process and promptly responding to any concerns, which made the whole process smooth, affordable and manageable”.

Nick JohnstonHitachi Construction Machinery (Australia) Pty Ltd

"Great knowledge, timely advice"

Rouse Lawyers has acted for us for the past 6 years, including franchising work, lease reviews and sales of certain businesses. Peter and the team not only have great knowledge, timely advice and have provided successful resolutions, but they also spend the time to learn not only about our businesses, but us as individuals.

David MckelvieBusiness Owner And Entrepreneur

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BRISBANE OFFICE

Ph: +61 7 3648 9900

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Level 2, 22 Wandoo St, Fortitude Valley, QLD 4006

17-Page Guide Reveals:

How To Protect Your Business and Your Assets While Allowing Your Business To Thrive

Written by Matthew Rouse, commercial lawyer and founder of Rouse Lawyers.

17-Page Guide Reveals:

How To Protect Your Business and Your Assets While Allowing Your Business To Thrive

Written by Matthew Rouse, commercial lawyer and founder of Rouse Lawyers.

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