Buying and Selling a Business
Buying or selling a business can be one of the biggest financial transactions you will make in your lifetime. It is important to have a lawyer with experience on your side who can advise you in plain language and ensure a hassle free transaction.
———— 01. OVERVIEW
We Can Help
Here at One Law, we have a team of expert Business and Commercial lawyers who can help guide you through the legal process of buying or selling a business.
It is crucial to get solid legal advice as soon as possible to ensure you receive all the accurate information – more importantly understanding what it all means. Our Business and Commercial lawyers will guide you through each step and assist with a smooth, hassle-free transaction.
Get Help Now
———— 02. RECENT WINS
Success Stories
$2.2m
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$900k
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———— 03. HOW WE CAN HELP YOU
We Make it Simple
01. Meet With Us
We will meet with you at a place and time convenient to you. We will discuss the transaction you would like to make, whether buying or selling a business. We will then go through with you the steps involved in making the transaction to ensure you understand the process.
02. The Contract for Sale/Purchase and Exchange
Arrange your finance if a purchase or your bank for a payout if it is a sale. Once instructed we will review the contract and advise on the terms to ensure that you understand them and negotiate any changes as required. Identical copies of the contracts are signed and dated by you and the seller/buyer and physically exchanged. A deposit is usually paid. It is at this time that the contract becomes binding.
03. Before Settlement Preparation and Procedures
Promptly arrange/cancel your business insurance. Complete your finance documents and return them to your financier.
04. Day of Settlement Exchange of Documents and Cheques
If at any time you have any concerns about the transaction, advise us immediately. Settlement will involve the exchange of money in place of confirmation of ownership of the business (the contract). Ensure you can be contacted easily for any last minute questions we may have and wait for us to contact you to confirm that settlement has occurred.
05. Post Settlement Procedures and Notifications
Review our final letter of advice and confirmation of settlement. It is time to notify the clients of the business of the change of ownership. We will notify relevant organisations that you are the new owner of the business.
———— 04. WHAT OUR CLIENTS SAY
Our reputation for support, and our dedication to your success is the reason we continue to grow
———— 05. OUR TEAM
Your Business & Commercial Law Specialists
At One Law, we understand that every case is different, and we take the time to get to know your situation. We are your local lawyers with access to resources in all states, so you know your case is in good hands no matter where you are in Australia. Meet our Business and Commercial Law Specialists
———— 06. WHAT ELSE WE DO
Business and Commercial Law Services
Do you need a Business or Commercial Lawyer?
Call us on our advice line 1800 663 529 or leave your details and we’ll call you.