Buying a Business
There are generally two ways to buy a business:
- Acquire the business assets; or
- Acquire the shares in the company that operates the business.
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There are generally two ways to buy a business:
We assist our business owners package the sale of their businesses to maximise the attractiveness to a buyer. For instance, by taking advantage of the GST free “going concern” status of the sale, the upfront cashflow pressures on a buyer and transfer duty liability can be reduced.
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There are positives and negatives about franchising. Some people have created substantial wealth by owning franchises, but if you are the type of person that wants to plot your own course (without having to get anyone else’s approval), a franchise is probably not the right type of business for you. read more
There are a range of factors to be considered when choosing a structure, but in our experience, there are four key factors on which more weight should be placed. read more
Most successful business owners do not enter into a business venture without having an exit strategy and planning for certain events.
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Planning for retirement and succession planning is one of our specialities. We have the expertise to understand and accommodate the tax implications of these transitions as well as knowing how to assist our clients to take advantage of available concessions. read more
We offer a company incorporation service. The benefit of our service is that we don’t use documents off the rack, we customise them to suit our client’s needs and plans for the future. read more
Toowoomba Solicitors at Murdoch Lawyers establish a range of different types of trusts, including family discretionary trusts and unit trusts. Our trust deeds are comprehensive and consistent with the relevant laws. read more
Due to operational requirements, several employers have been making some positions redundant. With a redundancy, an employer needs to ensure it is a “genuine redundancy”. read more
We are seeing significant pressure being placed on some businesses with debtors stretching payment terms and payment claims not being met or being disputed. read more