Business Sales Articles
Expert articles and practical legal guides on business sales for australian businesses.
ASIC Form 2601: Financial Assistance Whitewash Explained
If you’re buying or selling shares in a private company, or you’re restructuring ownership among founders, you may hear advisers talk about “ASIC Form 2601” and the financial assistance “whitewash.” It sounds...
1 November 2025
How to Run a Share Buy-Back in Australia
A share buy-back can be a smart way for an Australian company to return value to owners, tidy up its cap table, or exit an investor on mutually agreed terms. But because...
1 November 2025
Letter of Acceptance Template: Accept a Business Offer in Australia
Winning a new supplier, securing a subcontractor, or locking in a client proposal is exciting - but before you kick off, you’ll usually want something in writing to confirm the deal. That’s...
31 October 2025
Letter Of Intent Sample In Australia: What To Include + Free Template
When you’re exploring a new deal - buying a business, partnering with a supplier, bringing on an investor or negotiating a big customer contract - jumping straight into a long, detailed contract...
29 October 2025
Partnership Disadvantages: Is A Partnership The Right Structure?
Choosing a business structure is one of the first big decisions you’ll make as a founder. Partnerships are popular because they feel simple and collaborative - two (or more) people join forces...
28 October 2025
Sale of Business Contract in Australia: Key Terms and Deal Protection
Selling or buying a small business is exciting, but the deal really lives and dies on one document: the sale of business contract. Whether you’re the seller looking for a clean exit,...
28 October 2025
Heads of Agreement Template: Key Inclusions and Use in Australia
A Heads of Agreement template can save time and help you move a deal forward without getting bogged down in a full contract straight away. It’s a practical way to record the...
28 October 2025
Companies In Administration: What It Means And What To Do Next
If a key customer, supplier or even a competitor suddenly goes into administration, it can feel unsettling. Cashflow might be at risk, deliveries could stall, and you’re left wondering what you can...
27 October 2025
How to Wind Up a Company in Australia
Deciding to wind up a company is rarely easy. Whether sales have slowed, your goals have changed, or the business is no longer viable, there comes a point when closing down in...
27 October 2025
How to Wind Up a Company in Australia
Deciding to wind up a company is never easy. Whether you’ve achieved your goals, the business model has changed, or the numbers no longer stack up, there’s a right way to close...
26 October 2025
Vendor Finance: How To Structure a Business For Sale Deal in Australia
Offering vendor finance when selling a business can open the door to more buyers, a faster sale and potentially a higher price. On the flip side, if you’re the buyer, seller finance...
25 October 2025
How To Sell Shares In An Australian Company
Selling shares in your company can unlock capital, bring in a strategic partner, or help a founder partially exit while keeping the business moving forward. It’s also a legal process with moving...
25 October 2025
Business Sale Contract in Australia: What to Include
Selling or buying a small business is a big milestone - and the business sale contract is what makes the deal real. It turns your heads of agreement into a binding roadmap,...
25 October 2025
Novation Vs Assignment: What’s The Difference?
At some point, most small businesses need to transfer a contract or change who’s performing the obligations under it. Maybe you’re selling part of your business, moving to a new supplier, or...
25 October 2025
Understanding Restraint Of Trade Clauses In Australia
Hiring great people and building strong client relationships takes time and investment. A well‑drafted restraint of trade clause can help protect that investment if a key staff member leaves your business or...
23 October 2025
How To Sell My Business In Australia: Legal Steps
Thinking “it’s time to sell my business”? Whether you’re moving on to your next venture, planning retirement, or responding to market interest, selling a business in Australia is a big milestone. It’s...
22 October 2025
What Is a Novation Agreement?
If your business is changing suppliers, selling part of your operations, or restructuring, there’s a good chance you’ll need to move existing contracts from one party to another. That’s where a novation...
22 October 2025
How Liquidation Works in Australia
If your company is under financial pressure, “liquidation” can feel like a scary word. But understanding what liquidation is, when it applies, and how the process works in Australia can help you...
22 October 2025
Contingent Liabilities in Australia: Risks and Reporting
Running a business involves taking smart risks. But some risks don’t show up as a bill today - they sit in the background as “maybes” that can turn into real costs later....
19 October 2025
What "Time Is Of The Essence" Means In Australian Contracts
Deadlines are part of doing business. But when a contract says “time is of the essence,” the clock isn’t just important - it becomes a core legal obligation that can decide whether...
18 October 2025
Novation Meaning: What It Is, When To Use It, And How To Do It Right
If you run a small business, there will be moments when you need to swap out a party to a contract - for example, when you sell your business and want your...
18 October 2025
Masters v Cameron: What 'Subject to Contract' Means
When you’re negotiating a deal - a supply agreement, a business purchase, or a new lease - it’s common to jot down the main terms and say the deal is “subject to...
16 October 2025
Voluntary Administration In Australia: What It Means And How It Works
If your company is under serious financial pressure, you may be asking: what is voluntary administration and could it help us get back on track? Voluntary administration is a formal process under...
15 October 2025
Heads of Agreement in Australia: What They Are and When to Use Them
When you’re close to a deal but not quite ready to sign the full contract, a Heads of Agreement (sometimes called a “Head of Agreement” or “HOA”) can be a practical way...
13 October 2025
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