Law Tram simplifies business sale matters by connecting you with licensed Australian lawyers who can guide you through contracts, negotiations and your legal obligations when selling a business. This fully online and obligation-free service helps you understand the steps involved so you can move forward with confidence.
Selling a business is more than just finding a buyer and agreeing on a price. It involves complex legal documents, negotiations about what is included in the sale, and significant financial, tax and risk considerations. A poorly drafted contract can result in post-sale disputes, unexpected liabilities or a lower final return.
Whether you are selling a café, retail store, franchise, online business or professional practice, legal advice can protect your interests and ensure the sale goes smoothly from start to finish.
Law Tram connects you with lawyers who can review or prepare your sale documents, negotiate fair terms and guide you through the legal process.
Start by completing our secure online questionnaire. This step allows you to provide essential details about your business and the type of sale you are considering.
Law Tram’s advanced technology generates a confidential legal summary of your matter while keeping your personal and commercial details private.
Your confidential legal summary is shared with our network of vetted lawyers who review your case to determine how they can assist.
If a lawyer believes they can help, they will initiate a chat with you through the Law Tram platform. Your contact details remain private unless you choose to share them.
You are under no pressure to retain any lawyer unless you are confident in their ability to assist. Law Tram empowers you to make informed decisions.
This page provides general legal information only. It is not legal advice and should not be relied on as such. Selling a business involves financial risk and legal responsibility. You should seek advice from an Australian Legal Practitioner before agreeing to any sale.
Law Tram offers a secure, efficient and supportive way to connect with lawyers who understand the legal issues involved in selling a business. Whether you are preparing your business for sale, negotiating terms or finalising the contract, our platform helps you access tailored legal advice before you proceed.
Take the first step toward selling your business with clarity and peace of mind by starting your free online consultation with Law Tram now.
Yes. A lawyer can draft or review your sale contract, explain your legal obligations and help prevent costly mistakes or disputes.
It should clearly state what is being sold, such as equipment, stock, goodwill, intellectual property and lease rights, and outline responsibilities for each party.
You may be required to offer continued employment or pay out entitlements. A lawyer can explain your options and legal obligations.
Yes, in some cases. You can negotiate for the buyer to take over the lease or license, or you may retain the premises and offer a new agreement.
If the contract is properly drafted and full disclosure was made, you may be protected. Legal advice is essential before settlement.
It helps to organise your financial records, review key contracts, check licences and registrations, and ensure any legal or compliance issues are addressed before negotiations begin.
Usually yes. Most buyers expect trademarks, logos, websites, domain names, social media accounts and other IP to be included, but the contract should clearly outline what is transferred.
Many contracts require landlord, supplier or customer consent before they can be assigned to the buyer, so it is important to identify these early to avoid delays.
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