Our business lawyers in Melbourne become part of your team.
Every business owner should have a solicitor on call to clear up those legal questions, resolve a dispute, or manage a high value transaction. As a family run business ourselves we understand the challenges operating one, so when a client puts their trust in us we will protect their business' interests as they were our own. SB Solicitors, business lawyers Melbourne, provide legal services to small and medium sized businesses across a range of industries. We offer the following services:
Business Solicitor Services
- Purchase and Sale of Business
- Retail and Commercial Leases
- Contract Creation and Advice: Sale, Partnership, Supply & Distribution, Loan Agreements, Confidentiality etc.
- Licenses and Permits
- Intellectual Property: Trademarks, Copyright, Designs, Domains, Business Names
- Small Business
- Litigation and Debt Recovery
Since establishing our office in 2003 our commercial lawyers have helped a wide range of businesses. From hospitality to retail, franchises to medical practices, property developers to landlords, recycling plants to trades, manufacturers to wholesalers, logistics to online businesses, and much more.
This breadth of experience allows us to have both the knowledge and foresight to advise you of the correct legal solution to achieve your goals. So whether you’re just starting out your venture, buying or selling a business, or have encountered a dispute – we provide cost-effective solutions for your business needs.
Below are some common questions our business lawyers answer.
I am selling my small business, what documents do I need?
When selling a small business in Melbourne, you need the following documents: a Section 52 Vendor Statement, Contract of Sale, Lease and Lease Disclosure Statement (if applicable), details of any material contracts, details of any permits, details of employees if they are to be transferred, and a list of all equipment, plant and intellectual property included in the sale. We can help you organise all this paperwork and advise what documents are relevant to your sale.
How long does it take to transact a business?
It really depends on how complicated the business is and how many stakeholders are involved. But for a way of example, for a sale of small business such as a cafe or hairdresser with a retail lease, it usually takes 1-2 months from start to finish.
Is a Heads of Agreement legally binding?
Our advice is not to sign anything until a business lawyer in Melbourne reviews the document. Usually Heads of Agreements are not meant to be legally binding, but most Heads of Agreements we have seen as of late have clauses in them that state they are binding. It is important to note that there is no standard document that must be signed when selling a business for a binding contract to exist, so it is important to understand what you signing before putting pen to paper.