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Retail Shop Business Sales: New Pre-Contract Lease Disclosure Requirement

by Kafrouni Lawyers | Nov 23, 2016 | Buying or Selling a Business, For Business Brokers, Legal Compliance, News

New Retail Shop Lease Requirement – Business Sales From tomorrow, 25 November 2015, a seller of a business, connected to a Queensland retail shop lease, has new pre-contract disclosure requirements. What is required? The seller must provide the buyer with a copy...

Build Your Business To Sell

by Klaw-min | Feb 1, 2016 | Business Improvement, Buying or Selling a Business, News

Owners of growing businesses should build to sell, whether they intend to or not. They must see their business through the eyes of a potential buyer; warts and all. A potential buyer (i.e. their professional advisors) will lock onto risks and opportunities to...

Due Diligence. The Best Investment

by Joe Kafrouni | Jan 1, 2016 | Buying or Selling a Business, News

Some aspects of a business are more valuable than others. There are some aspects that you simply can’t live without. For example, whilst an owner of a café can easily replace a coffee machine if it fails, it may not be as easy to replace the taste of their particular...

Business Assets – What’s Included?

by Klaw-min | Oct 19, 2015 | Buying or Selling a Business, News

Common Misunderstanding In my experience, business brokers (and subsequently sellers) are of the view that only the physical assets itemised in the usual ”plant and equipment” type schedules to a business sale contract are included in the sale. Usually this is not so....

Franchise Agreements – Some things to consider

by Joe Kafrouni | Apr 5, 2015 | Buying or Selling a Business, Contracts & Negotiations, News, Risk Management, Starting a Business

A franchise agreement is the legally binding contract between the owner of a company (the franchisor) and an individual or company (the franchisee) who is given permission to run a particular outlet of the business. The franchisor owns the company, trademarks,...

Business Assets – What’s Included?

by Joe Kafrouni | Jan 28, 2015 | Buying or Selling a Business, News

Common Misunderstanding In my experience, business brokers (and subsequently sellers) are of the view that only the physical assets itemised in the usual ”plant and equipment” type schedules to a business sale contract are included in the sale. Usually this is not so....
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