Selling a business can be a complex process, with various tax implications to consider. One important concept for business owners to understand is the sale of a business as a “going concern.” When a business is sold as a going…
When a business is sold, it can be a time of uncertainty and change for the employees. Whether their employment will continue with the new owner, what will happen to their accrued entitlements, and how the transfer process works are…
Selling a business in NSW is a significant decision, especially when leased equipment is involved. Understanding the lease agreement and its implications for the sale is crucial for both the seller and the new owner. This guide provides an overview…
When selling a business, it’s natural to be concerned about competition from the former owner who knows the ins and outs of the company. They understand the suppliers, employees, and most importantly, the customers. Without proper legal protections in place,…
Selling your business is a significant milestone that requires careful planning and execution. One crucial aspect of the sales process that is often overlooked is training the new owners to ensure a smooth transition and the continued success of the…
Selling a pharmacy in New South Wales (NSW) is a significant decision that requires careful planning and execution. The pharmacy selling process involves multiple steps, from determining the right time to sell and valuing your business, to preparing for the…
The e-commerce landscape in New South Wales (NSW) is thriving, offering numerous opportunities for entrepreneurs looking to enter the online business world. Buying an established e-commerce business can be a strategic move, allowing you to bypass the challenges of starting…
Buying a real estate agency in New South Wales (NSW) can be an exciting venture, offering the potential for financial independence and a fulfilling career in the real estate industry. However, this process involves several critical steps and considerations that…
The food industry in New South Wales (NSW) has seen remarkable growth, driven by a burgeoning appetite for diverse and high-quality street food. With annual revenues exceeding $1.2 billion, this dynamic industry presents a wealth of opportunities for aspiring entrepreneurs…
A Heads of Agreement (HOA) serves as a crucial preliminary document in the context of business sales, outlining the key terms and conditions that the parties intend to negotiate before entering into a formal contract. This document, which may also…
