Buying and Selling a Business

For Buyers

There are a lot of things to consider when buying a business. Business purchases can comprise a range of variables, including business structuring, staff, leases, supply contracts, restraint of trade and due diligence enquiries, to name but a few.

At Delaney & Delaney we can assist you from the negotiation stage right through to settlement. We understand that you will be investing a lot of your precious time and money in your new business and we to make sure that your investment is protected and that you get what you bargained for, with no nasty surprises down the track.

For Sellers

At Delaney & Delaney, we understand that when you sell your business, you want to achieve the best return for the business which you have put heart and soul into growing. There can be important tax considerations for sellers. Often there are disclosure obligations which a seller must fulfil, or else risk termination of the contract by the buyer prior to settlement.  There are also numerous variables which must be addressed, including liability for staff entitlements, payment of trade creditors, and confidentiality obligations to prevent the buyer from disclosing details of the contract or information regarding the business which the seller has disclosed to the buyer in good faith.

Our experienced lawyers are able to guide you through the sale process. We can give you peace of mind by helping you to avoid the possible pitfalls, and making sure you have a valid and binding contract.