For Business Brokers
Explore our recent articles and legal insights.
23 Feb 2026
Employee Entitlements When Selling a Business in Queensland
Selling a business in Queensland? Learn how employee entitlements like annual leave, long service leave, and redundancy pay are handled.
02 Oct 2025
Heads of Agreement: Risk & Remedy
A plain-English guide to Heads of Agreement: what they are, the risks they create, and the remedies that keep negotiations on track.
16 Jun 2025
Buying a Business? Watch Out for These Asset Purchase Pitfalls
Buying a business? Learn the key asset purchase risks and how to avoid costly surprises.
14 May 2025
Buying a Business? The Wrong Structure Could Cost You
When you buy a business, the deal is not just about price. The way you structure the acquisition is important.
01 Mar 2015
Contract Law Does Not Tolerate Sloppy Contract Preparation
An agreement reached may not be enforceable if it is not clear as to the matters agreed by the parties or incomplete...
17 Sep 2014
The Contract Date: What Is It?
When is the Date of Contract under the REIQ business sale contract, and why it matters for the time limits that run from it.
13 Jul 2014
To Exclude Or Not To Exclude Seller's Misrepresentation In Business Sales: Does It Really Matter?
Most claims against business brokers relate to misrepresentations to buyers concerning the level of income a business...
28 Jun 2014
Validity of Non-Compete Clauses in Business Sales: Serious Stuff
Legitimacy It is legitimate for a buyer of a business to protect its investment in goodwill by restraining the seller...
26 Jun 2014
GST (Supply of a Going Concern) and Business Sales: A Deeper Look
The Benefit Whether a sale is a “supply of a going concern” and therefore GST free impacts on every business sale. If...
25 Apr 2013
Illegal Business Sale Contracts
A contract to do something illegal or to do something legal for an illegal purpose is generally invalid. Illegal...
18 Apr 2013
Deals "Subject to Contract": Really?
When an agreement is made “subject to contract”, it does not necessarily mean that the contract is not binding. There...
04 Mar 2013
A Practical Legal Guide to Buying A Business
This Guide is designed for use by buyers of businesses, business brokers and professional advisers when buying a business. The purpose...
01 Feb 2013
Don't Sign Deals Over Boozy Lunch: Capacity to Contract?
There are people in society who are unable to fully appreciate the implications of agreements entered into. As a...
01 Sep 2012
Compulsory Legal Disclosures When Selling a Business
In some States, the law requires that the buyer of a business be provided with certain information when entering into...
17 Aug 2012
Heads of Agreement in Business Sales
Whilst it is best practice to have a buyer and seller of a business enter into a substantive business sale contract...
26 Apr 2012
Dealing With Trusts When Drafting The Business Sale Contract
When a party to a business sale contract is a trust (normally a discretionary or unit trust) it is important to...
08 Feb 2012
Signing Business Sale Contracts Electronically in Queensland
Signing a business sale contract by email or electronic signature in Queensland: what the law and the REIQ contract now allow.
25 Sep 2011
Guide: Working With Lawyers in Business Sales for Business Brokers
Many business brokers believe that a lawyer can make or break a deal. Often, business brokers feel they are faced with lawyers representin..
15 Sep 2011
Trial Periods & Business Sales
A trial lets a buyer test a business's takings before completion. Why it rarely shows the true average, and what to settle first.
15 Sep 2011
Business Sale Contracts: The Basics
What a Queensland business sale contract must cover: the assets, stock, goodwill, staff, lease, licences, liabilities and price.
15 Sep 2011
Buying a Business: Why Use a Lawyer?
Do I need a lawyer when buying a business? Lawyers are: experts at identifying the risks that can derail or destroy a...
15 Sep 2011
Business Fire Sale: Exclude Financial Warranties
Selling a business for little more than its plant and equipment? Why the seller should exclude warranties about financial performance.
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