Selling business

When selling a business, sellers should consider:

  • Drafting a favourable sale agreement
  • Valuing the business including its tangible assets and goodwill
  • The price at which the business will be sold
  • Tax issues including GST
  • The intellectual property rights it intends to transfer
  • The liabilities of the business to creditors
  • Assigning leases to the buyer
  • Its staff and current employment agreements
  • The licences it offers and any upcoming renewals
  • Its current contracts with customers
  • Whether it offers buyers future work

LME can assist sellers with all their needs for purchasing a business, including drafting a sale of business agreement, negotiating with the seller and transferring business interests.

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Have a Legal Question?

If you have any questions call us on 1300 915 950 or ask us below.

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