by aslaumbe | Sep 8, 2015 | Articles, Building Dispute Articles, Commercial Agreement & Dispute Articles, Debt Recovery Articles, Lease Articles
Business Legal Checklist 1. Does your Lease expire soon? Do you need to request a new Lease? A Lease over your business premises is an important part of your business. You should check when the Lease expires and, if soon, you must negotiate a new one with your...
by aslaumbe | Sep 4, 2015 | Articles, Business Sale & Purchase Articles, Commercial Agreement & Dispute Articles
Things to Consider When Buying a Business There are many advantages to buying an existing business. You won’t be starting from scratch and most often you will be acquiring a business with an existing customer or client base and regular cash flow. To ensure that this...
by aslaumbe | Aug 30, 2015 | Articles, Business Sale & Purchase Articles, Lease Articles
Transferring a Lease to a New Business Owner As part of the sale of a business the vendor and the purchaser have to decide if the purchaser wishes to have a transfer over the existing lease of the business premises or wishes to apply to the lessor for a new lease. If...
by aslaumbe | Aug 19, 2015 | Articles, Business Sale & Purchase Articles, Commercial Agreement & Dispute Articles
Understanding the Contract for the Sale of a Business Once the owner of a business (the vendor) and the buyer (the purchaser) agree on the sale, the details must be set out in a written agreement called a Contract for the Sale of Business. Usually, the vendor’s...
by aslaumbe | Jul 14, 2015 | Articles, Business Sale & Purchase Articles, Commercial Agreement & Dispute Articles, Lease Articles
Buying a Franchise A franchise involves a business owner (the franchisor) giving you (the franchisee) the right, upon payment of a fee, to market and sell the franchisor’s products or services in accordance with the franchisor’s system of management and...
by aslaumbe | Jul 13, 2015 | Articles, Business Sale & Purchase Articles
When starting a business, choosing the right structure is crucial. Typically, businesses operate under one of the following structures: 1. Sole Trader The sole trader structure is the simplest to establish and manage. You run the business alone and have full control...
