It is important to choose a suitable business structure for your circumstances. There are advantages and disadvantages to each type of business structure, whether it be sole trader, partnership, company or trust.
We work with you and your financial advisers to decide the most appropriate structure for your business, taking into account things such as control, asset protection and tax. We can also assist in the set-up process, including establishment of trusts, company registration, and preparation of all necessary documents.
Control of Business
It is important to ensure appropriate documents are in place to ensure the smooth running of your business.
Documents such as shareholder and partnership agreements ensure that everyone in the business is aware of their rights and obligations, and put in place procedures to deal with events like the death of a shareholder, resignation of a director, or transfer of shares. Other documents regulate your business’s dealings with others, such as suppliers and customers.
We can provide advice in relation to the management and control of your business, and we are experienced in drafting a full range of commercial documents.
Buying and Selling
It is important to have contracts reviewed prior to signing to make sure they deal with all relevant issues and include appropriate clauses to protect your interests.
We provide a complete service for buyers and sellers of businesses, including reviewing and preparing contracts and attending to settlement.
If you would like assistance with your business matters, you can speak to one of our experienced commercial lawyers.