Business Sales Articles
Expert articles and practical legal guides on business sales for australian businesses.
Assigning A Lease - How A Deed Of Assignment Works
Thinking about transferring your commercial lease to someone else? Whether you’re selling your business, restructuring, or simply moving locations, assigning a lease can be a practical way to hand over your premises...
22 February 2025
Due Diligence for Business Buyers: Key Legal and Financial Checks
If you're considering purchasing a business, then understanding due diligence is one of the most important steps you can take. This comprehensive process involves assessing every factor that can affect the future...
21 February 2025
Updating Your Franchise Disclosure Document: What You Need To Know
If you’re a franchisor in Australia, your Franchise Disclosure Document (FDD) isn’t a “set and forget” file. It must be accurate, up-to-date and complete before you present it to a prospective franchisee....
21 February 2025
What Happens To My Employees When I Sell My Business?
Selling your business is a big milestone. Alongside the excitement (and paperwork), one of the first questions most owners ask is what happens to their employees. Do staff automatically go with the...
20 February 2025
Share Sale vs Asset Sale: What’s The Best Path When Buying A Business?
Buying a business is exciting - you’re stepping into an operation with customers, systems and revenue from day one. The key decision early on? Whether to buy the company itself (a share...
11 February 2025
What Is A Right Of First Refusal?
A Right of First Refusal (often shortened to ROFR) is a simple but powerful clause that can shape how an opportunity is bought or sold. In plain English, it gives one party...
11 February 2025
The Buyer Of Your Business No Longer Wants To Buy: What’s Next?
You’ve negotiated hard, signed documents, and planned your next chapter. Then, out of the blue, the buyer says they don’t want to proceed. It’s disappointing and stressful - but it’s also a...
10 February 2025
Selling Or Buying Business Assets? You Need A Contract
Whether you’re streamlining your business, carving off a product line, or purchasing equipment, stock, IP or a customer list to grow, an “asset deal” can be a smart move. But there’s one...
9 February 2025
Selling Or Purchasing An Online Business? Make Sure You’re Protected
Buying or selling an online business can be an exciting move. Whether you’re acquiring a thriving eCommerce store or exiting a digital brand you’ve grown from scratch, it’s a big decision that...
8 February 2025
15 Questions To Ask When Buying A Business
Buying an established business can be a smart way to fast-track your growth, but it pays to ask the right questions before you sign anything. A thorough approach helps you understand what...
6 February 2025
Legal Due Diligence: Understanding The Process
If you’re buying a business, investing in a company or merging with another entity in Australia, legal due diligence is your best friend. It’s the structured process of “lifting the bonnet” on...
6 February 2025
What You Need To Know About Share And Unit Sales
Buying or selling ownership in an Australian business often happens through either a share sale (in a company) or a unit sale (in a unit trust). If you’re planning a transaction, understanding...
5 February 2025
Different Ways To Sell Your Business
Selling your business is a big decision. Whether you’re planning a clean exit, stepping back from day-to-day operations, or looking for the best way to unlock the value you’ve built, it pays...
4 February 2025
Here’s How A Franchise Grant Process Works
Thinking about growing your brand by franchising? It’s an exciting step. A well-run franchise grant process can help you scale quickly, attract the right partners, and protect the integrity of your brand...
25 January 2025
Do You Need A Business Sale Agreement?
Whether you’re buying a business or selling your own, a solid Business Sale Agreement is the backbone of a smooth, low‑risk deal in Australia. It sets out exactly what you’re buying or...
24 January 2025
How To Sell A Franchise Business
Selling a franchise business in Australia can be a smart exit strategy, whether you’re a franchisee moving on from an established outlet or a franchisor selling company-owned locations or even your whole...
21 January 2025
Is Rent Abatement The Same As Free Rent?
If you’re negotiating a commercial lease in Australia, it’s common to hear both “rent abatement” and “free rent” thrown around. They sound similar - you pay less (or nothing) for a period...
18 January 2025
What Is A Lease Surrender Agreement?
Closing or relocating a business often means dealing with your commercial lease before the end of the term. If you and your landlord want to end the lease early on agreed terms,...
18 January 2025
I Am Transferring A Franchise - What Transfer Fees Will I Pay?
Handing over your franchise to a new owner can be an exciting next step - but it also comes with a clear process and a set of fees you’ll want to budget...
17 January 2025
What Does ‘Going Concern’ Mean In Business?
“Going concern” is one of those phrases you’ll hear when buying or selling a business, talking to your accountant, or reviewing your company’s financials - but what does it actually mean for...
14 January 2025
How To Lease A Commercial Retail Space - 9 Things To Know
Finding the right retail space can be the difference between a thriving shopfront and a costly headache. The location, lease terms and legal setup all impact your cash flow, brand positioning and...
4 January 2025
Understanding Share Sales In Australia: A Practical Guide For Business Owners
If you’re looking to buy or sell a business in Australia, a share sale is one of the main ways to do it. It’s a powerful option that can transfer ownership of...
3 January 2025
What You Need To Know About Voluntary Administration
If your company is under serious financial pressure, voluntary administration can give you the breathing room to assess your options and try to save the business. It’s a formal process under the...
1 January 2025
What Is Misrepresentation In Contract Law?
When you’re negotiating a deal, what you say matters. If one party makes a false statement that persuades the other to sign, that can amount to misrepresentation under Australian contract law. Understanding...
26 August 2024
Need help with your business legals?
Speak with Sprintlaw to get practical legal support and fixed-fee options tailored to your business.