Search results for “Getting Your Figures Rights”

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Contributed By: Vanessa Sciortino of Quartz Legal on

Before you consider listing your business for sale, there are some key things you want to make sure are in order.Generally, many of the issues identified during a transaction can be resolved, however, checking everything beforelisting will assist your sale in proceeding far smoother. Below is a list of common things that ought to be considered: Are your letting appointments properly completed and signed? Missing or incorrectly completed letting appointments are not unusual but can be costly. At law, if you do not hold aletting authority properly signed by your owners, you cannot charge that owner any commissions. When the buyer’s accountant reviews the financialRead More →

Contributed By: Lindsay Petty Management Rights on

Do you wish to list your business “for sale” or actually list your business “to sell?” There is a difference and here we look to identify some of the issues to assist when you decide to place your business on the market. As with most businesses, buyer appetite continues to evolve & management rights are no different. I have written various articles on aspects of the management rights industry & think it is important for all business owners to be well aware of how to move forward when it is time to sell & to also understand buyer needs. Most buyers that I speak to are considering what their exit strategy is before they make a decision on whatRead More →

Contributed By: Management Rights Sales on

The past year or so has seen an increasing number of contracts not proceeding to settlement. This is a worrying trend with not a common reason for it happening. We have seen finance issues, Bodies Corporate not assigning, valuations of residences, buyers getting cold feet, verification of figures coming up short and issues with some older agreements all contributing one way or another to the problem. There is a role to play for everyone involved to do their part in making these things happen from the accountant putting figures together for sale, the buyers being truthful about their financial circumstances, the vendors leaving cleaning figuresRead More →

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