Buying or selling a business can be overwhelming – Synapse Legal has developed a range step by step checklists to break the process down into manageable tasks. We’re with you during each stage to ensure the transaction runs as smoothly as possible.

 

Ensuring you are sale ready

Making the decision to sell may in itself have been difficult, so let’s make the rest of the journey as seamless as possible.

By assessing the position of items such as contracts leases, employees and accounts we will advise you of steps to ensure they are in the best position possible to allow for a smooth transaction.

 

Sale of Business Agreement

There are many aspects of a business to take into account when drafting a Sale of Business Agreement.

We are highly experienced in identifying these aspects without the need for protracted communications – we’ll get everything in just one meeting.

 

Leases and Property

More often than not a business will operate from a premises – which may be leased or owned.

Should the premises be leased, Synapse Legal will act for you in the assignment of lease process from your business to the purchasing entity.

Should the premises be owned, you may with wish to either sell the premises, whereby it will comprise part of the sale or you may wish to retain title of the premises. Synapse Legal is also skilled in commercial conveyancing and will be able to assist in this regard.

 

Settlement Ready

Our services do not stop once all parties have signed the Agreement. We will advise you of what needs to occur in the lead up to settlement.

 

Settlement

A series of steps must occur immediately prior to the day of settlement, stock -takes for instance, and also on the day of settlement.

We will advise you of the necessities to allow for a successful settlement.