How to Make Sure You Get Paid –Top Tips from a Lawyer

Cashflow is more important than ever right now and you really need to accelerate your cash collections. You have to make sure you get paid for every single job you do. You simply can’t afford to be complacent. The most important thing right now is to be clear with your customers about how and when you will get paid. This …

How the New Commercial Lease Code of Conduct will apply to tenancies

I thought it would be useful to prepare a summary of what will need to be covered when the Australian States and Territories legislate to give effect to the National Cabinet Mandatory Code Of Conduct – SME Commercial Leasing Principles During Covid-19 (“the Code “). The Code applies to all tenancies that are suffering financial stress or hardship as a result of …

HOW TO SUCCESSFULLY SELL A BUSINESS… Settlement

When it comes time to sell your business you want to ensure that you get a good offer and that the sale goes through smoothly. You do not want your business to be one of the many of thousands of businesses that do not sell or sell for considerably less that you had hoped. Working with professionals that are experienced …

HOW TO SUCCESSFULLY SELL A BUSINESS… The Contract Stage

When it comes time to sell your business you want to ensure that you get a good offer and that the sale goes through smoothly. You do not want your business to be one of the many of thousands of businesses that do not sell or sell for considerably less that you had hoped. Working with professionals that are experienced …

HOW TO SUCCESSFULLY SELL A BUSINESS… Getting your business ready for sale

When it comes time to sell your business you want to ensure that you get a good offer and that the sale goes through smoothly. You do not want your business to be one of the many of thousands of businesses that do not sell or sell for considerably less that you had hoped. Working with professionals that are experienced …

Is a contract binding if you entered into it when you were drunk?

We all know that things can seem like great ideas when you have had a drink or two! Imagine waking up, piecing the night before together and realising that you had signed away your business or your house. However, much like getting a Tattoo requires you to be sober, so too does entering into a valid and binding legal contract. …

Selling your Business – Things to consider

There are a great many matters to consider when selling a business and some of the main things which need to be considered have been set out below. To ensure that the sale of business agreement reflects all the terms that have been agreed, this should be prepared/reviewed by an experienced business lawyer. “Consider carefully what you are disclosing to …

Top tips when preparing to sell your business

It is important to be well prepared and organised in advance of putting your business on the market for sale. This will not only avoid costly delays but could also maximise the value of your business. We have provided our top tips to assist you in preparing to sell your business. “Get your lease in order” If you lease commercial …

Buying a business and why you need a business lawyer

Buying a business is a complex process and you will need to be very familiar with all the steps required in order to carry them out successfully. You may not be aware of all the searches and enquiries you need to carry out to determine whether there are any issues that could affect your purchase. An experienced business lawyer can …

How do you sell a franchise business?

Selling a franchise business is a different process than the sale of an ordinary business. There is generally an established procedure for the sale of any branch of the franchise. This process is usually clearly documented within your franchise agreement under an ‘assignment’ or ‘transfer’ clause, as well as in the operations manual. If you are considering selling your franchise …