Buying and Selling Businesses

The Businesses Services team at Kelly Legal are with you every step of the way when buying or selling a business, ensuring due diligence when doing so. We can help with checks prior to signing contracts to ensure there are no hidden surprises before a business sale or purchase. Some things we may look at include leasing arrangements, development approvals or licences, plant and equipment, employee agreements, any supply or third-party agreements and the financial health of the business. It’s also important to look at any specific requirements or restrictions that may be imposed upon your business. We have worked with a broad range of clients from property developers, contractors, wholesalers and rural sectors, so you can be assured that our team have the skills and knowledge to advise you on the right path. Partner with our Business Services team today and get the advice you need, call 4911 0500.

Whether you’re looking to purchase a franchise or have a business that you’d like to transition into a franchise, our widely experienced team of lawyers are here to assist you. There are a number of rights and obligations that need to be followed under the Franchising Code of Conduct. Kelly Legal can help you understand your obligations and avoid any breaches or legal complications involved in the sale or purchase of a franchise. Kelly Legal can also prepare franchise documentation including agreements and disclosures, contracts and lease documents. Our aim is to support your franchise arrangements, reduce the stress and ensure compliance when starting or buying into a franchise. Call our experienced legal team today on 4911 0500.

Have you found the perfect place to run your business? The team at Kelly Legal is here to assist when it comes to the finer details on commercial leasing. At Kelly Legal, we can help you work through important concerns like leasing periods, occupancy costs and future increases, fit-outs to the property and ensuring it is correctly zoned for your business needs. There are many other important factors when it comes to commercial leasing and each property will be different, so individualised advice is vital. Our lawyers aren’t just your average commercial and property lawyers – we have a combined 60 years’ experience and a proven track record when it comes to helping successful businesses and their growth. Call the team on 4911 0500 today to start the conversation about your commercial lease.

A business can be legally structured in a number of ways and therefore there are a range of legal, financial and tax issues you may need to be aware of. The Kelly Legal team can provide advice wherever you are in your business journey, whether you have a company, partnership or trust business structure. It’s important to understand the responsibilities of each structure as it may affect the tax you’re liable to pay, asset protection and costs associated with running the business. You are not locked into a structure and you have the option to change the structure of your business as it grows. If you would like experienced legal advice on business structures, please give the Kelly Legal team a call on 4911 0500.

Once a business is sold, there are a number of important steps that need to happen to ensure the entire transfer runs smoothly. Kelly Legal can help with transfer leases, licences and permits, ensuring tax returns are complete and activity statements and instalment notices are finalised, and cancelling or transferring ABNs or business names, if required. The business owner is still responsible for lease agreements and other obligations related to the business until they are completely transferred to a new owner. Licence transfers can take up to 12 months. We recommend you contact us in the early stages, when looking to sell or buy a business so we can ensure your business assets are well looked after through every step of the way. Call 4911 0500 today.