Legal compliance is integral to the survival of a business today. Corporations laws and regulations, anti-competition, occupation health and safety, environment, communications, trade practices, fair trading, planning controls, work cover laws, industrial relations, consumer, credit, and a myriad of other laws apply, depending on your industry.
To meet compliance requirements it is important to protect your business investment from the outset. At Nicholas O’Donohue and Co. when you first set up or buy your business our Business and Commercial Division will ensure you have complied with all the legal and regulatory requirements to start or take over the business.
We will provide a checklist to address any shortfalls in regulations while offering specialist advice and the means to implement change in those areas where your business may be at risk. During the period of ownership you may need further assistance with employment issues, leases, trust amendments, loan agreements, partnership or share holder agreements. Our business team is available to assist you immediately being familiar with your business requirements from transaction to transaction.
When selling a part interest or an entire business, we can assist in presenting the business for sale to ensure the best price is obtained for the business with no repercussions after the sale. The Nicholas O’Donohue & Co. business team will conduct due diligence assessments and negotiate on behalf of clients to acquire, merge or sell their business interests and settle the terms of legal agreements for sale, purchase or lease of premises.
Succession planning for your business is an important risk management tool that cannot be ignored today. Who will take over your business? When will it happen and what process will be followed?
The decision is usually not an easy one made overnight, but takes many hours consulting lawyers and accountants on timing, identifying and eliminating options for transference following protocols and protective measures to prevent failure to ensure the transition remains on course. With years of experience in business succession and estate planning, we can assist, advise and introduce you to the relevant experts or act as a facilitator to bring together the relevant stakeholders to convert the succession plan from an idea to a successful reality.
