Advising clients on small business sales

Focusing on small business transactions, this session will provide a framework to advise your clients on the purchase or sale of a business including:

• common special conditions for the sale and purchase of a small business
• examples of good due diligence clauses
• what searches you should recommend to a client before signing a contract
• what searches need to be carried out once the contract is on foot and other key considerations for solicitors to make at this point
• how to prepare for settlement.

You will also be provided with useful tips and checklists to implement in your practise.

1. common special conditions for the sale and purchase of a small business
2. examples of good due diligence clauses
3. what searches you should recommend to a client before signing a contract
4. what searches need to be carried out once the contract is on foot and other key considerations for solicitors to make at this point
   how to prepare for settlement.

Presenter: Joe Kafrouni, Director, Kafrouni Lawyers and Accredited Specialist (Business Law) – Qld
Chair: Stafford Shepherd, Principal Ethics and Practice Counsel, QLS Ethics and Practice Centre | Legal Practitioner Director, QLS Solicitor Support Pty Ltd Queensland Law