Business Sale & Purchase

At Arro, we understand that buying or selling a business is a significant milestone. Our expertise lies in ensuring legal success throughout this process, providing you with the guidance and support you need, including:

  • Negotiating a sale/purchase of a business.
  • Drafting heads of agreement setting out the key terms of the sale/purchase agreement.
  • Drafting/reviewing sale of business contracts.
  • Identifying and transferring IP.
  • Undertaking due diligence, advising of identifiable risks and advising on those risks.
  • Settling the sale/purchase.
  • Transferring/terminating employees.
  • Transferring securities, licences, key contracts, plant and equipment.

Let Arro be your trusted partner in achieving success when buying or selling your small business. Our approachable and dedicated team is here to support you every step of the way. Reach out to us today and unlock the full potential of your business endeavours.

Business valuation methodology

Determining the value of your small business can feel like a daunting challenge. But don’t worry, we’re here to lend a helping hand and guide you through a comprehensive business valuation method, tailored specifically for small businesses like yours. Here’s how we do it:

  • Identifying key referrers such as accountants, financial planners, industry experts to assist in valuing your business.
  • Discussing with clients the value of obtaining appropriate valuations.
  • Considering and discussing with clients the valuation of different assets and goodwill of their business.
  • Crafting management documents and sale documents containing robust valuation methods to ensure the maximising of returns.

Due diligence and settlement

Being diligent is key when it comes to buying or selling a small business. That’s why our experienced solicitors are here to walk you through every step of the process, including:

Guiding you through due diligence and settlement requirements:

  • Historical and current company information provided to the regulator.
  • Status of tax payments.
  • Status of any litigation.
  • Grant of any securities.
  • Provisioning of long service leave, annual leave and personal/carer’s leave of employees.
  • Key terms of any leases, hire purchase arrangements and supplier contracts.
  • Status and fulfilment of any contracts for the supply of goods or services.
  • Status of any licences necessary to run the business.
  • Status of any health and safety inspections.

Securing transfers of digital assets, including intellectual property.

Attending settlement.

Third party negotiations including landlords

Many transactions involve complex negotiations with third parties, but don’t worry. Our team is here with expert legal advice to help to secure your business’ success:

  • We’ll guide you through the process of obtaining the necessary consent from the landlord for the transfer of any leases involved in the purchase of a business. Our team will ensure that all legal requirements are met, allowing for a smooth transition of lease agreements.
  • We’ll carefully review lease agreements to identify key and material terms that may impact the value of the acquisition. By examining these terms, we can help you make informed decisions and negotiate favourable conditions that align with your business’ goals.
  • Our solicitors will advise you on any unusual conditions present in the lease that may impact your decision to acquire a business. We’ll provide clarity and highlight potential risks or obligations associated with these conditions, enabling you to make well-informed choices.
  • We’ll skillfully negotiate with landlords on your behalf, addressing any requested changes to the lease or requirements to ensure the property meets your business’ specific needs. Whether it’s arranging for fibre optic cabling or installing satellite dishes, we’ll advocate for your business’ best interests.

We’re Here to Help

Speak with our team to get clear, practical advice.