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Step-by-step guide to selling and buying business assets - On-demand

Course ID ID22010_BUS1

  • Online
  • 2
  • Foundation
  • 2 CPD POINTS

You can purchase and access this content at any time for up to 6 (six) months from the date of purchase

This two-hour on-demand course addresses the sale and purchase of a business by way of the sale and purchase of the assets of that business. It is possible to acquire a business by acquiring the entity that owns the business assets (for example, by acquiring all the shares in a company that owns the business assets). However, acquiring the entity means both all the assets and all the liabilities are acquired. This may result in complications for both parties.

This course will cover the purchase of a business through the purchase of business assets and is divided into 6 modules:

  • Getting started
  • Initial considerations and business finance
  • The agreement
  • Due diligence and vendor’s warranties
  • For more information on conducting due diligence on a business transaction, you may be interested in our Step-by-step guide to due diligence, which is available here.
  • Exchange of contracts and pre-settlement
  • Settlement and post-settlement

At the end of this on-demand course, you may claim 2 CPD points. Please consult the CPD rules for your State/Territory to ascertain how many CPD points you can claim for private study of audio/visual material during the CPD year.

Due to new reporting requirements introduced by the Legal Practice Board of Western Australia on 1 April 2021, practitioners holding WA practising certificates are not currently eligible to claim CPD points for this product.

Price

Full Price $198.00

Alumni/Member Price $178.20

CLAIMING CPD UNITS

If you intend to claim CPD units for this educational activity, please note that CPD activities are not accredited by the Law Society of NSW or any other equivalent local authority, with the exception of Western Australia. If this educational activity extends your knowledge and skills in areas that are relevant to your practice needs or professional development, then you should claim one (1) "unit” for each hour of attendance, refreshment breaks not included. The annual requirement is ten (10) CPD units each year from 1 April to 31 March. Some practitioners, such as accredited specialists are required to complete more than ten (10) units each CPD year. If you are in any doubt, you should check your local rules. If you practise in Western Australia, please check local rules regarding interactive activities and note that the College of Law is recognised by the Legal Practice Board of WA as a QA provider of CPD.

 

Mandatories Covered

The program covers the mandatory requirement of professional skills and professional skills law.