Sale of Business

A sale of the business or part of the business may be a solution. However, quite often buyers are difficult to attract or those that are interested, do not have finance available for the purchase. This is a common problem for vendors. 180 Corporate is able to provide prospective purchasers with finance to achieve settlement.

Sometimes an alternate solution could be the sale of the business or part of the business to a current director of the company or a related party of the company, if they are the only parties willing and able to purchase at fair value.

The director of the company and all related parties must ensure that, as a minimum, their fiduciary and statutory duties are not brought into conflict.  Generally, this requires the director of the company to ensure that the creditors of the company are not disadvantaged by the process.

180 Corporate can assist the company with the sale of its business. This includes the correct structuring of the business and preparing the information memorandum and documentation to achieve the best possible price.

If you would like to speak to one of our business consultants for further information you can contact us on 1300-551-826. Alternatively, if you would like us to contact you then please fill in our Enquiry Form