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Need a business purchase expert? ABP Lawyers are here to help!

Acquiring or selling a business can be an enormously complex and legally-fraught process. You need an expert in business purchase conveyancing to ensure that the transaction goes smoothly. Australian Business & Property Lawyers (ABP Lawyers) have over 15 years’ experience in business purchase conveyancing, for businesses of all sizes and industries, and we can help ensure your rights are protected without compromising the deal.

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There is a long checklist of activities that a business purchase conveyancing process involves, and at ABP Lawyers, we can help walk you through each stage of the process, including:

This is not an exhaustive list, but a meeting with a commercial lawyers in Sydney should give you the confidence that your lawyer understand the nuanced of your business and objective and add value to the due diligence and negotiation process.

Understanding thoroughly your business, the challenges faced by your industry and your objectives.

Drafting or reviewing the contract for sale of business, ensuring that it reflects the intention of the parties and protects your interests

Undertaking due diligence of the business including any licences, approvals, contracts with suppliers and clients, employment agreements and encumbrances.

Attending to the assignment and transfer of the lease of the business premises as a result of the acquisition.

Ensuring the protection of commercial assets and preservation of the business during the transfer of ownership.

Handling the transfer of all employees and assets, including the business name, licences, trademarks, patents and goodwill.

Ensuring that warranties are provided in relation to the business such as in relation to potential litigation, books and records and tax liabilities.

Ensuring that all encumbrances are removed at settlement.

Ensuring that any restraints against the vendor  are enforceable.

Understanding Your Business

Thoroughly understand your business, the challenges faced by your industry and your objectives.

Contract Draft & Review

Drafting or reviewing the contract for sale of business, ensuring that it reflects the intentions of the parties and protects your interests

Due Diligence

Undertaking due diligence of the business including any licences, approvals, contracts with suppliers and clients, employment agreements and encumbrances.

Assignment & Transfer of Lease

Attending to the assignment and transfer of the lease of the business premises as a result of the acquisition.

Asset Protection

Ensuring the protection of commercial assets and preservation of the business during the transfer of ownership.

Transfer of Ownership

Handling the transfer of all employees and assets, including the business name, licences, trademarks, patents and goodwill.

Warranties

Ensuring that warranties are provided in relation to the business such as in relation to potential litigation, books and records and tax liabilities.

Encumbrances

Ensuring that all encumbrances are removed at settlement.

Restraints

Ensuring that any restraints of trade and interference against the vendor are enforceable

It is important to engage the business purchase conveyancing team at ABP Lawyers early in the process to allow us to offer strategic advice and negotiate the best terms on your behalf.

We are the best small business lawyers for SMEs in Sydney

As we’re a specialist boutique firm, you can expect that rather than dealing with an assistant, as you would in a large firm, with ABP Lawyers you will speak directly to a senior lawyer or principal when you need them, and we will never leave emails and enquiries unattended.

With 15 years’ experience in assisting businesses with all their legal needs, at ABP Lawyers we see ourselves as a true extension of your business rather than just legal advisers.

This has seen us honoured with a top-10 position in both property law and business law and in 2020 was awarded as the boutique property law firm of the year by Global Law Experts.

Integrity and transparency are our hallmarks

As your partners, we truly care about your business and are not clock watchers, ensuring that all costs are communicated and transparent. We have adopted a fixed fees approach to our work wherever possible (and when it isn’t possible you will be given full transparency into costs).

Multi-lingual for Sydney’s ethnic communities

Sydney supports a vibrant and thriving multi-ethnic community of business leaders. It means a lot to us that we can support these entrepreneurs with business purchase conveyancing that will help them navigate the complexity of acquisitions in a wide range of different languages.

In addition to English, our team is fluent in both major Chinese dialects - Mandarin and Cantonese. Through our service, business owners who don’t have English as their first language can be assured that their intentions are not “lost in translation” and won’t run into unpleasant surprises through the legal system, and they can then focus their energies on driving the best possible outcomes for their business.

For our clients that regularly deal with the multilingual business community, our ability to act as a “language bridge” will help ensure a positive outcome for all parties.

How to reach us

If your business is looking to make acquisitions or be acquired, be sure to get our business purchase conveyancing team involved early on. Please contact us on (02) 8880 6505, and we will get back to you right away so we can start discussing your legal needs.

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