Buying a business or Selling a business
We see ourselves as an extension of your business, while maintaining the objectivity to ensure the best opportunities are captured, and the risks are identified and mitigated. Put simply, our goal is to help you achieve your goals.
We shape our support model such that we compliment your skills and experience, whether that be personally or organisationally. From comprehensive legal support, identifying the regulatory issues, and coordinating appropriate due diligence around your counterparty, we seek to ensure you are resourced correctly.
Buying a Business
Our comprehensive approach addresses important matters that decrease your risks and ensure you are free to operate your new business with confidence. You choose the support level you require in your particular circumstances. While some of these matters are not purely the domaine of Legal Advisory, we can ensure the right external support considers these important matters.
Contract Reviews – Including the Business Contract of Sale and other contracts and agreements, such as customer contracts, supplier agreements, and leases to identify any unfavorable terms or obligations, and importantly identify any areas for optmisation.
Legal and Regulatory – We review the operation to ensure the business meets various legal obligations and regulator – driven requirements.
Employee and HR Matters – We review the workforce, employment contracts, and HR policies. Understand the employee culture and potential matters of concern.
Intellectual Property and Assets – We confirm ownership of intellectual property, patents, trademarks, and other assets crucial to the business.
Financial Due Diligence – We work with an appropriately skilled accountant to assess the financial health of the business, including its assets, liabilities, cash flow, and profitability. We look for any hidden financial issues.
Valuation – We work with an appropriately skilled valuer to determine the fair market value of the business, considering factors such as earnings multiples, industry benchmarks, and future growth potential.
Customer and Supplier Relationships – We analyse the quality of customer relationships and supplier agreements and assess the risk of losing key customers or suppliers.
If you’re selling your business
Contract For Sale of Business – We prepare the contract to ensure your position is optimised with respect to any warranties, release of proceeds, earn out provisions, and a range of matters that can ensure you are protected both during and after the sale process.
Confidentiality – We maintain confidentiality throughout the Due Diligence and other selling processes to prevent disruptions in the business and protect sensitive information.
Tax Considerations – We work with an appropriately skilled accountant to ensure the deal structure optimises your tax related obligations.
Negotiation and Closing – We engage in negotiations with potential purchasers to reach an optimal outcome ensuring a well-structured sale process and a smooth closing.
Financial Preparation – We work with an appropriately skilled finance professional to ensure your financial records are accurate and up to date. Well structured, explainable and credible financial reports will increase the marketability of your business.
Business Valuation – We work with an appropriately skilled finance professional to determine the asking price for your business based on its financial performance and market conditions and risk profile.
Customer and Employee Transition – We help you develop a plan for transitioning customers and emplovees to the new owner to minimise business disruption.
Post Sale Transition – We assist you in your planned transition period after the sale to help the new owner succeed.
Our Professionals
Our professionals provide expert legal and strategic assistance.
Get in touch and we’ll assist you to find the right lawyer for your matter.
Get in touch and we’ll assist you to find the right lawyer for your matter.
Hear From Our Clients
Get in touch with our experienced team
At Shore Lawyers, we are committed to providing personalised legal services to help you achieve the best possible outcome in your matter.
Contact us today to schedule an appointment and get the legal support you need.