Deposits are a common feature in commercial transactions across various industries, serving as a commitment from the buyer and protecting the seller against financial risks if the buyer defaults. However, the concept of deposit forfeiture can be complex, with legal…
Distressed asset sales have become increasingly common in NSW, presenting unique opportunities for investors, lawyers, business buyers, and advisors. These sales involve businesses selling assets at less than market value to quickly obtain cash, often due to financial distress or…
Voluntary deregistration is a process that allows a company to formally close and cease to exist as a legal entity in Australia. This option is available to companies that meet certain eligibility criteria set by the Australian Securities and Investments…
Selling your business through a share sale can be a complex and challenging process, particularly when it comes to finding the right buyer. A share sale involves transferring ownership of the company shares to a new owner, which means the…
Selling a manufacturing business involves navigating a complex landscape of legal considerations unique to the industry. From intellectual property rights and equipment valuation to third-party contracts and environmental compliance, the process requires careful planning and attention to detail to ensure…
Selling a business that carries stock involves complex considerations and careful planning to ensure a smooth and successful transaction. Stock management is a critical aspect of the sale process, as it directly impacts the business’s value and the terms of…
Acquiring a manufacturing business in Australia can be a lucrative investment opportunity, offering the potential for growth and profitability in the well-established manufacturing industry. However, navigating the complex landscape of legal considerations and conducting thorough due diligence is crucial to…
When buying a business, the seller/ landlord/ shareholder may require you to provide a personal guarantee in the contract of sale or lease. A personal guarantee is a legal commitment made by an individual, typically a business owner or executive,…
Bank guarantees play a crucial role in securing obligations and managing risk in commercial transactions across Australia. As a widely used form of security, bank guarantees provide assurance to beneficiaries, such as landlords or developers, that they will receive payment…
Acquiring an established accounting firm can be a strategic move for professionals and entrepreneurs seeking to expand their presence in the financial services market. Rather than starting from scratch, investing in an existing accounting practice for sale allows you to…
