Australian Business Sale Guide: Everything You Need to Know
Selling a business is a big move. Whether you're retiring, chasing new goals, or cashing in on years of hard work, it’s important to get it right. One wrong step can cost you time, money, or even the whole deal. Business Lawyers in Sydney can help you avoid costly mistakes and make sure your sale goes smoothly. This guide covers everything you need to know about selling a business in Australia, made simple. If you’re thinking, “I need a business lawyer near me,” you’re not alone. Step 1: Get Your Business Ready Before you put your business on the market, make sure it looks good to buyers. Start with your paperwork: ● Organise tax returns and financial records for the last 3 years ● Make sure contracts with suppliers, staff, and landlords are up to date ● Fix any legal issues, like unpaid bills or unresolved disputes Potential buyers will dig deep during due diligence. If they find messy records or hidden problems, they may back out or offer you less. This is where business lawye...