Buying and selling businesses

Buying:

Aspect Legal is on hand to guide you through a successful purchase. Our unique knowledge enables us to assist you in fully understanding the business that you are looking to acquire, including the risks involved and the long-term viability. Our lawyers are skilled at providing a thorough due diligence of all intellectual property, trade practices, industrial relations and property issues that may relate to any proposed acquisition.

  1. Legal Health Checks – to understand the business you are looking to buy. Identify any areas of exposure, and areas of potential hidden value that can be exploited
  2. Accounting, Finance and Technology health checks
  3. Valuation – to assist you in valuing the business you are looking to buy, which will also assist in funding the business purchase
  4. Building and advising on the best business structure for the purchase.
  5. Assisting in the commercial deal – providing well prepared supporting documentation that achieves a successful commercial outcome.
  6. Timetabling strategies for protecting the business, and commercilising, as it grows, and building in exit strategies for the future.

Selling:

There are three important phases to the sale of a business:

  1. Preparing the business for the sale
  2. Negotiating the deal
  3. Finalising the deal with a successful commercial outcome

At Aspect Legal we understand the importance of building your business up before a sale, to ensure that you can achieve the best possible outcome. To this effect, we have created a range of services for our clients in preparation for a sale:

  • Independent review of your businesses strengths and weaknesses
  • Provide suggestions for changes from a legal perspective that could enhance a purchaser’s confidence in your business, and thereby enhance your price!
  • Discuss structuring alternatives to ensure that on sale you are minimising tax, protecting your assets and efficiently distributing income
  • Assist in the commercial deal providing well prepared supporting documentation that achieves a successful commercial outcome