Selling a Business

Our team of experienced lawyers can assist you with drafting a Sale Agreement for your business.

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Selling a Business

If you’ve built a successful business and it’s time to move onto your next venture, you might be thinking of selling your business.
If you’re planning to sell your business, here are 3 key things to know:
  • Structuring the deal: Broadly speaking, you can either sell the shares in the company (i.e. a ‘share sale’) or sell the assets of the business (i.e. an ‘asset sale’ or a ‘business sale’). There are legal and tax implications that you need to consider to determine the best structure for your situation.
  • Dealing with potential buyers: It might be useful to refer to a term sheet when negotiating, especially when comparing offers from more than one potential buyer.
  • Know your liabilities:If you’ve agreed to giving some warranties, you should make sure that you can stand by them and that you understand your potential liabilities which might continue after the deal.

Our business lawyers have experience drafting Business Sale Agreements spanning a variety of industries.  We have a range of fixed fee Business Sale Agreement packages. Get started now!

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WHO WE ARE.

Sprintlaw is a new type of law firm, designed for Australian small businesses, startups and entrepreneurs.

Our team of expert lawyers are savvy users of tech tools and operate completely online - saving you time, money and helping you get legal services as efficiently and cost-effectively as possible.

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