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ARTICLE · 08 AUGUST 2020

Top five issues to consider when buying or selling a business

Bartier Perry Solicitors
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Selling a business may mean either selling assets and operations, or selling shares in a company which operates the business.

AustraliaReal Estate and Construction
Jason Sprague
Jason Sprague
Eric Kwan
Eric Kwan
Lucinda Borg (Formerly With Bartier Perry)
Lucinda Borg (Formerly With Bartier Perry)
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This is a modified version of an article originally published for the Hire and Rental News magazine in May 2020 - Top five issues to consider when buying or selling a hire or rental business

How you sell or take over a business may have different legal or tax implications. Typically, the transaction is done by either selling the assets of the business and its existing operations, or by selling shares in a company that operates the business.

You should seek professional advice to determine which option is best for you.

Beyond that, other issues to consider may relate specifically to the business itself, rather than the mode of transaction. These are the top five issues we find most clients need to consider when buying or selling a business.

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The content of this article is intended to provide a general guide to the subject matter. Specialist advice should be sought about your specific circumstances.

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