Business & Commercial
Gary Lees has been interested in small business for many years. He is a former President of the Nowra Chamber of Commerce and understands the practical issues that owners of small and medium sized businesses face. We offer high quality, practical and commercially-minded advice.
Buying or selling a business
The sale or purchase of a business involves much more than a price. We advise on the contract for sale, the transfer or grant of the lease of the premises, the treatment of stock, plant and equipment, employees and goodwill, and any restraint of trade. We make sure the deal you have agreed is the deal that is documented.
Commercial leases
A lease is often the most significant commitment a business makes. We act for both landlords and tenants in preparing and negotiating retail and commercial leases, and we advise on the requirements of the
Retail Leases Act 1994 (NSW), rent reviews, options, make-good obligations and assignment.
Business structures
Whether you should operate as a sole trader, a partnership, a company or through a trust depends on your circumstances. We work with your accountant to put in place a structure that protects your assets and suits your business, and we prepare partnership, shareholder and unitholder agreements.
Contracts and disputes
We prepare and review terms of trade, supply and service agreements, loan agreements and guarantees. If a dispute arises we aim to resolve it quickly and commercially, but we will represent you firmly if it cannot be settled.
What we do for you
We:
- Act on the sale and purchase of businesses;
- Prepare and negotiate commercial and retail leases;
- Advise on business structures and prepare the associated agreements; and
- Advise on commercial contracts and resolve commercial disputes.
