When buying a business, careful consideration must be given to: what assets are being purchased and in what condition; does the goodwill of the business need protection with restraint clauses against the previous owners or key personal; what due diligence is required and the terms of the contract to be entered into. 

We can assist you with the legal requirements of buying and selling a business.

When you first set up your business or buy a new business you must consider the entity which will own the business asset. This is referred to as structuring.

The determination of the correct structure is fundamental to the success of your business and will depend on such factors as the riskiness of the business, asset protection strategies, tax implications, the needs of any investors in the business and your exit strategy. Depending on your circumstances, you may own the business as a sole proprietor, in a partnership, company, trust structure or a as a joint venture.

We can assist you in determining & establishing the appropriate structure for your business. This is usually done in consultaiton with your accountant or financial advisor. Establishing the wrong structure could mean substantial and unnecessary costs for you in the future.