Smokeball. Online Precedents and Publications.

This guide deals with the sale and purchase of a business or franchise in NSW and includes up-to-date practical commentary, hyperlinks to relevant legislation, and a range of precedents including:

• agreements
• deeds
• disclosure statements
• notices
• requisitions
• restraint of trade
• special conditions; and
• letters.

It includes a comprehensive guide dealing with tax issues written by one of Sydney's leading tax experts allowing you to quickly consider and advise clients on the tax implications of the sale, the need for pre-planning, and the various capital gains tax concessions available.

Similarly if acting for the purchaser the same pre-planning needs to be done in selecting the entity to own the business and the mysteries surrounding the tax treatment of the various components of the business such as goodwill and plant and equipment are explained simply

The Step-by-Step Guide takes you sequentially through each stage of the process, from the opening of the file through to finalisation.

The instruction sheet will ensure that no relevant matters are overlooked whether they be council approvals, tax issues, or choice of entity. The thinking has been done and you may proceed with confidence.

This publication also provides an excellent training facility or memory jog for staff members or practitioners who are unfamiliar with the conduct of conveyancing matters for the sale or purchase of a business or franchise.