Empower Your Business with Expert Legal Guidance
Offering comprehensive commercial law services, including purchase and sale of business, business structuring, and dispute resolution, to help your business thrive.
- Practical and comprehensive advice
- Flexible appointment options
- Personalised service tailored to you
Legal Support For Business Success
Whether you’re launching a new venture, planning to buy or sell a business, or seeking advice on commercial agreements, the team at Novum Law Group is here to guide you every step of the way. We strive to simplify the legal process, allowing you to focus on what you do best—growing your business.
Your Business is Our Priority
At Novum Law Group, we know that effective legal support is crucial for your business’s success. Our team provides comprehensive commercial law services tailored to your specific needs, ensuring you have the right legal foundation to achieve your business goals and navigate challenges with confidence.
Business Formation & Structuring
If you’re starting a new business or restructuring, we can help you choose and set up the most suitable structure for your circumstances. Our services include providing advice on business structures, registering companies, ABNs, and TFNs, business name registration, handling trademarks and domain names, and drafting partnership and shareholder agreements.
Buying or Selling a Business
We ensure your contracts are appropriate and all necessary business assets are transferred. Our services include all aspects of the sale and purchase process, including drafting sale contracts, negotiating, due diligence, asset and lease transfers.
Commercial or Industrial Property
Our services cover property sales and purchases, leasing for landlords and tenants, due diligence, regulatory compliance, PPSR securities registration, and advice on covenants, easements, licenses, encroachments, and liquor licenses.
Finance and Loan Agreements
We draft, review, and advise on loan agreements, guarantees, and mortgages to ensure they suit your needs and you understand your risks and obligations. We can also advise on GST, Capital Gains Tax, and Land Tax implications.
General Commercial Matters
We can prepare and review a wide range of commercial documents, ensuring they align with your business goals. Our team provides detailed advice on the risks and opportunities these documents present, helping you make informed decisions and protect your interests.
Take Control of Your Business Journey
Comprehensive & Practical Legal Advice
Our team at Novum Law Group is dedicated to providing high-quality legal services across all areas of business law. From start up structuring advice, to sales and purchases, our experienced lawyers work closely with you to ensure precise and reliable legal support tailored to your needs.
Responsive & Convenient Communication
We understand that time is money, so we prioritise clear and timely communication. Whether you prefer in-person consultations or the convenience of our seamless online services, our team is always available to provide the support you need.
Transparent & Competitive Pricing
We believe in transparency and affordability. Our competitive pricing, combined with our dedication to delivering exceptional service, makes us a trusted choice for all your business law needs.
What our clients say
Meet the team
Stephen Fries
Sheredyn Legg
Renee Legg
Lynette M
Business FAQ's
Can't find the answer you're looking for? Chat to our friendly team.
Some of the key considerations include the financial health of the business, existing contracts, and any legal obligations. It is also important to consider the licenses, permits, and regulatory compliance required to run the business and to check for undisclosed disputes or liabilities. Seeking financial, taxation and legal advice and undertaking exhaustive enquiries and due diligence will help you identify potential pitfalls and develop strategies to mitigate risks.
Valuing a business involves assessing its assets, financial performance, and market potential. You should consult a business valuer or broker who can provide insights to ensure a fair and accurate valuation and therefore ensure the price set for the business is right.
What business structure you choose, whether it’s a sole trader, partnership, company, or trust, has legal and financial implications including risk and asset protection, tax ramifications and cost of tax compliance. Accordingly, it is important to understand what the pros and cons are of each structure type and choose the right one for your circle.
It is often advisable to select an experienced business broker who can assist you to market and negotiate the terms of sale. You must get a lawyer to prepare a comprehensive sale of business contract that complies with relevant regulations and that protects your interest. The sale of business contract must deal with various matters such as a transfer of the lease (if any), employee obligations and provide for a smooth transfer of the business assets to the new owner such as plant and equipment, equipment leases, business name, material contracts and licences.
You must have a clear and well-drafted partnership or business agreement. These should be negotiated and drafted to protect your interests, outline responsibilities of the parties, and set out dispute resolution mechanisms should disputes arise during the transaction.
Compliance with local laws, licenses, and permits relevant to the business you are looking to operate is essential. These will differ depending on the business you are operating or looking to buy. Seeking guidance on regulatory requirements ensures that your business operates legally, avoiding penalties and disruptions.
Learn More
Gifts vs Loans: a thoughtful approach to protect your family’s financial future
Understanding Part IV claims against deceased estates
What everyone should know about estate planning and property ownership
Get In Touch
Get in touch with the estate planning team at Novum Law Group.
Leave your details below and we’ll be in touch for a free no-obligation chat to see if we can help.
