Welcome to part 2 of the three-part series about the legal elements for preparing a business for sale with our resident expert Fiona Yiend, the Head of M&A Services at Aspect Legal. This week, we focus on how to use sale structure to maximise the amount the seller actually receives in their pocket. Sale structure matters, and its not simple. Listen in to hear some tips, tricks, and common issues.
- Why is Sale Structure so important
- The case for prior planning, and how to do it
- The key to protecting value
- Getting the team of advisors working together
- Simple things count
- The impacts to consider when structuring a deal
- Selling a business is a job in itself, and preparation is a very important ingredient and should be organised in advance before putting your business on the market for sale. As with most planning, preparation is the key to a successful sale of a company.
Sale structure is not that simple but it is also not that hard if you think it through in advance. Preparing your business for sale is one of the most important things you will ever do – the more effort you put into this, the better outcome you get.
Fiona Yiend, who heads up our M&A Services at Aspect Legal, together with host Joanna Oakey, provide some tips to assist you in preparing to sell your business. This week, we focus on setting up protections for the value you earn. This is also valuable listening to all advisors and accountants to businesses who are planning to exit their business through a sale.
Our Business Sales and Acquisitions Services
Aspect Legal has a number of great services that help businesses prepare for a sale or acquisition to help them prepare in advance and to get transaction ready. And we’ve also got a range of services to help guide businesses through the sale and acquisitions process.
We work with clients both big and small and have different types of services depending on size and complexity. We provide a free consultation to discuss your proposed sale or acquisition – so see our show notes on how to book a time to speak with us, or head over to our website at Aspectlegal.com.au
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