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How to Transfer Shares Using a Sale of Share Agreement

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There are various reasons why shareholders may decide to sell their shares in a company: to retire, to start a new business, to raise money, to cut ties with the other company investors, as an exit strategy etc. Keep reading for more information about sale of share agreements as well as an overview of the
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What You Need to Know About General Security Agreements

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Looking to turn that business idea into a reality? Whether it’s to launch a startup or expand your existing operations, you’ll most likely need to either secure additional funding from third parties or fund the business yourself. You can do this by entering into a loan agreement and securing your interest. A security agreement is
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What Insolvency Means and How It Can Affect You

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In the current economic situation, it’s not unusual for businesses to experience financial uncertainty. But what if it reaches a point where the liabilities outweigh the assets? Is ‘closing’ the business the only way forward? What is Insolvency? Under the Corporations Act 2001 (the Act), a person or company is considered insolvent if they are
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What a Binding Financial Agreement Is and How it Works

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Thinking about getting married or entering into a de facto relationship? You might want to look at how you can protect your assets in the event that, for whatever reason, the sweet relationship turns sour. Read on to learn more about what binding financial agreements are and how they can provide you with certainty and
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What to Know When Buying a Business in Australia

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Setting up your own business from scratch is tough work. That is why, sometimes, it is preferable to purchase an existing business. But don’t dive headfirst into the first offer or prospect that comes your way! It’s important that you do your research before making any decision. Financing Options When Buying a Business There are
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