Buying and Selling a Business...
Buying a business is a major transaction and should not be considered lightly. Many factors need to be taken into account including evaluating the business, understanding the vendors' reasons for selling and the suitability of the business to you. You need to ensure all relevant paper work is reviewed. But if it is not handled correctly, it can lead to financial losses and hardship thereafter.
Let one of our experienced lawyers check all the paper work and advise you on the following:
The purchase contract
The purchase price
Transfer of the current lease
Current employees of the business
Assets of the business under finance
Liabilities of the business
If the seller of the business is bankrupt
Government regulations have been complied with