Before you enter into a contract to buy a business, it is important to undertake due diligence, to verify the information supplied by the seller about the business. This could include examining the business’ records and inspecting its physical assets.
+ the due diligence timeframe;
+ what documents to review;
+ confidentiality agreements;
+ how to assess the business’ assets; and
+ how to reduce your risk.
If you need any legal assistance buying or selling a business, LegalVision’s experienced commercial lawyers can assist. Just call 1300 544 755.
LegalVision is a market disruptor in the commercial legal services industry. Our innovative business model and custom-built technology assist our lawyers to provide a faster, better quality and more cost-effective client experience. LegalVision is a leader in delivering legal services in Australia and has assisted more than 150,000 businesses. The firm was awarded NewLaw Firm of the Year at the Australian Law Awards and named fastest growing law firm in the Asia-Pacific by the Financial Times.