Purchasing a business is a complex process with significant legal implications. At Holt Ronan Lawyers, we provide expert guidance in this area to ensure a smooth purchase and we can assist whether the business is on the Gold Coast or anywhere in Queensland.
Verify the business’s legal standing by reviewing all relevant documentation, including compliance with local regulations, licenses, and permits. This helps identify any potential legal issues or liabilities that could impact the transaction.
Carefully examine existing contracts such as leases, supplier agreements, and employee contracts. Ensure there are no unsatisfactory terms and that all agreements are transferable or negotiable. Our solicitors can assist with this review to protect your interests.
Confirm that all intellectual property (e.g., trademarks) and physical assets (e.g., equipment, inventory) are properly accounted for and valued. Ensure that ownership and rights are clearly defined and transferable.
Identify any ongoing or past legal disputes involving the business. Understanding these risks is crucial to avoid inheriting unresolved issues that could affect your investment.
Ensure the contract is drafted to protect your interests, and ensure smooth sailing post settlement.
Engage with experienced solicitors to guide you through the process. At Holt Ronan Lawyers, we provide comprehensive support to ensure that all legal aspects of your business are covered, and that the process is stress free.
Disclaimer: This advice is general in nature and is not intended to be legal advice. If you would like legal advice, please call our office on (07) 5619 0440 and we would be pleased to assist you.
Richard and the team were on the ball and great to deal with in a recent property transaction. Very knowledgeable in their area of expertise and reached out to us for the accounting perspective to ensure both legal and accounting were handled simultaneously.
Adrian De Vito
Aug 2023
The team at Holt Ronan Lawyers have managed multiple property settlements for us and have been wonderful to deal with. Trish was wonderful at explaining things to us, incredibly prompt with her responses and made sure we were informed at every step. I would strongly recommend Trish and Holt Ronan Lawyers to help with your conveyancing.
Elyse May
Jan 2024
Excellent lawyers! They assisted us recently with our new business lease, going through every dot point and ensuring that I understood what everything meant, as well as fighting for us in negotiations. They would not allow me to sign off on anything until they were absolutely satisfied. I very much recommend them and would use them again in the future.
Jess Bunty
Gold Coast Art School
Feb 2024