Many of us have experienced a small business venture at one time or another, whether it be a two person partnership or a medium sized company with employees.

Business Structures
Selecting the correct structure and performing the due diligence and financial checks is an important role for an accountant in an acquisition process but its only part of the story, as not having all the legal aspects of a transaction fully investigated could be fatal to its future viability.

Business Sales or Purchases
There a number of possible legal processes that a business sale or purchase could involve.

• Registration or Transfer of various Licenses
• Retail and Commercial Leasing of Premises
• Franchising
• Business Name Registrations and Transfers
• Partnership Agreements, Shareholder Agreements
• Company formations
• The Establishment or implementation of Trusts
• GST issues, Capital Gains, Fringe Benefits and other Tax Issues
• Transfer of Employee Obligations and Entitlements
• Restraints against future Competition from the Seller