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Warning signs when doing due diligence on a business
When buying a business, there are many things to consider and review to ensure you are uncovering any skeletons or issues. Generally, the seller will be quite helpful with any information required as they want the sale to go ahead, however make sure...
Cheques for Settlement
Under the contract, the seller is not entitled to require payment of the balance purchase price at settlement by means other than bank cheque without your consent.The contract only requires you to pay for bank cheques for the seller and the seller’s...
Legal And Substitute Decision-Makers – Part Two: Who Should I Choose?
In Part Two of our two-part series, we will look at how you might choose a Substitute or Legal Decision-Maker that best suits you. Like in Part One, we will abbreviate this to “Decision-Maker”. Choosing the best Legal Decision-Maker for you can be ve...
Queensland Retail Shop Lease - Lessee Disclosure Statement
If you are entering into a lease in Queensland for a retail shop, you must comply with the retail shop leasing legislation. Section 22A of the Retail Shop Leases Act 1994 (Qld) provides that the Lessee (person entering into the lease) must provide t...
What steps to take when selling your franchise
When you’ve made the decision to sell your franchise, there are several important steps to take so that you get the price you want and the transaction runs smoothly.(1) First things first, read the franchise agreement and get a good understanding of...
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