Insights

A commercial lease review means a thorough examination of a lease agreement. The purpose of a commercial lease review is to analyse the terms, conditions, and clauses of the lease agreement to ensure they are fair, reasonable, and protect the interests of the party requesting the review, typically the tenant. Why should you use a…

The motivation behind selling a business can stem from various reasons. For instance, an offer to purchase the business could prompt consideration. Alternatively, selling might be necessary to invest in a new venture or prepare for retirement. On the other hand, the desire to relinquish ownership of the business could be the driving force behind…

Buying an existing business can offer several advantages over starting a new business from scratch, such as an established customer base, existing operations, established financials and potentially lower risks. However, it’s important to conduct thorough research and due diligence to ensure that you are making a sound investment and that the business aligns with your…

Contracts are an essential part of doing business. We all know this; however, most business owners are not exactly racing to grab a pen and review each line of every contract they deal with. Yet it is vital that all contracts are checked thoroughly so you don’t fall prey to the “curse of the fine…

New laws seeking to provide further protection for consumers and small businesses from unfair contract terms in standard form contracts received Royal Assent in November 2022 with changes to come into effect 12 months after it received Royal Assent. A standard form contract is usually offered to consumers or businesses for similar goods or services,…

West Perth Legal has helped many business owners successfully buy or sell a business in WA. This ranges from medical practices, restaurants, trades businesses and professional services firms. We work closely with our clients on all legal aspects of a business sale or purchase from negotiation of a business sale or purchase agreement, legal due…

The agreements you need to sell your business depends on the legal structure of the…