A life-changing ‘chocolate coated’ deal
As a lawyer, you really savour the great deals you get to assist great clients with. Find out about just such a deal we recently had the fortune of being entrusted with.
Is your business ready for sale?
If you’re thinking of selling your business, we bet there are 2 key outcomes you are looking for:
1. Getting the highest purchase price possible; and
2. Being able to make a clean break from the business, so you can think about something else (and maybe even relax or take a holiday).
These outcomes are both realistic and achievable, but it will take some planning before you put the business up for sale.
What happens when someone leaves a partnership?
There are many misconceptions about what happens when someone gives notice to leave a partnership. Often, the other partners want to ‘continue’ the partnership, and they will immediately begin to treat the departing partner as an ‘outsider’. While this may feel...
Thinking of buying a hotel or pub? Read this first.
Like any business, hotels have several moving ‘parts’ that need to work together so that the machine runs smoothly. If you are thinking of buying a hotel or similar hospitality business, make sure you are familiar with these unique features before you sign on the dotted line.
Dealing with employees as part of a business sale
Dealing with employees and their entitlements as part of a business sale or acquisition is not straight-forward. There are plenty of traps and tricks for the uninitiated. Find out what you need to know.
5 things you need to know about ‘vendor finance’
Whether you are buying or selling a business, the chances are that ‘vendor funding’ will play an important role in getting the deal done. This article discusses 5 issues that should be considered by a seller when using vendor finance in a business sale.