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CLIENT CARE BEYOND COMPARE

We work with clients around Australia with most of our client meetings conducted over the phone. We can set up teleconference calls so that the Advisers can participate in the discussion between the lawyer and the clients.

 

If you need a Partnership Agreement, Buy Sell Agreement or Exit Agreement we can help.

 

Take advantage of our special offers

1. Free half hour phone consultation with one of our lawyers. Contact us today to make a time.

 

2. Free review of your Partnership Agreement. If you want to ensure your existing agreement is good enough we will review it obligation-free. Contact us today to arrange to send us a copy.

 

Call us on the above phone number or email us on info@irongrouplawyers.com

BUSINESS SUCCESSION PLANNING

 

OR "PRE-NUPS" FOR BUSINESS PARTNERS

Our solutions: Business succession planning

Have you thought about what would happen if one of your business partners decided to leave the business?

 

Have you agreed how much the remaining partners would pay for their share to be transferred to them? And by when?

Have you thought about the possibility of one of your business partners dying or suffering an injury or illness that meant they could no longer work?

While these events may be out of your control, Irongroup Lawyers can help you plan for them.

There is no Business Partnership Law Court!

Unlike a marriage or relationship break-up there is no Family Law Court equivalent for partners in business. If you don't agree on who should get what in the event of a break-up you will need to start negotiating. From our years of experience we know it's far better to do that type of planning when it's a 'level playing field' and the departing and remaining partners could be anyone of you.
Talk to us today about planning for an exit from the business and putting agreements in place to avoid this dilemma.

How does our service work?

Irongroup prepares both Exit Agreements and Buy Sell Agreements at a fixed price — taking the uncertainty out of the cost of legal services.

When a client contacts us, we organise a meeting at a time that suits them, either in person, via skype or over the phone.

During this meeting we explain the process including all available options — ensuring the agreement fits the needs of the client and of their business enterprise.

If our client is not sure if they wish to proceed, we can also help them to identify solutions for their particular issues.

To find out more about the potential issues confronting business partners email us at info@irongrouplawyers.com and request a copy of our Insight on Issues for Business Partners and Partnership Agreements - What You Need to Look For.

If you would like to know more about Buy Sell Agreements please click here or for Exit Agreements please click here.

Or for more information on our Buy Sell Agreements and Exit Agreements email us today info@irongrouplawyers.com and request a copy of our Insights.

Have you had a Partnership Agreement prepared in the past?Unfortunately not many Partnership agreements properly address business partners' most critical need — the ability to easily exit the business.

The majority of these agreements usually only offer what is known as a "first right of refusal". But what if your partner refuses to buy you out? What then? It is not always easy to sell a share in a business on the open market. At the very least your partner will need to agree to the other partner buying your share. And while you are trying to sort all this out, what happens to the business?

Protect your investment and ensure you have an agreement in place that really solves the problem — and doesn't just create more. Talk to Irongroup Lawyers today about our Exit Agreement.

To find out more about the potential issues surrounding Partnership Agreements or Shareholder Agreements visit our 'Useful materials' page to download a copy of Insights: Partnership Agreements - What You Need to Look For.

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BUY SELL AGREEMENTS OR "PRE-NUPS" FOR BUSINESS PARTNERS


Our solutions: Business succession planning - including buy sell agreements


Have you thought about what would happen if one of your business partners decided to leave the business. Do you have a buy sell agreement in place?


Have you had a buy sell agreement drawn up that covers how much the remaining partners would pay for their share to be transferred to them? And by under what circumstances? A buy sell agreement establishes all of this.


Have you thought about the possibility of one of your business partners dying or suffering an injury or illness that meant they could no longer work? Buy sell agreements cover all of this in writing.


While these events may be out of your control, Irongroup Lawyers can help you plan for them by creating a buy sell agreement the Australian courts will recognize.


There is no Business Partnership Law Court!


A Buy Sell Agreement Is Your Only Option!


Unlike a marriage or relationship break-up there is no Family Law Court equivalent for partners in business, only a buy sell agreement or exit-focused partnership agreement. If you don't have a buy sell agreement or exit-focused partnership agreement covering who should get what in the event of a break-up you will need to start negotiating. From our years of experience we know it's far better to create a buy sell agreement or exit-focused partnership agreement in Victoria when it's a 'level playing field' and the departing and remaining partners could be anyone of you.


Talk to us today about planning a buy sell agreement and exit-focused partnership agreement for an exit from the business and putting buy sell agreements and an exit-focused partnership agreement in place to avoid this dilemma.


How does our Buy Sell Agreements service work?


Irongroup prepares both Exit Agreements and Buy Sell Agreements at a fixed price — taking the uncertainty out of the cost of legal services.


When a client contacts us regarding a buy sell agreement or exit-focused partnership agreement, we organise a meeting at a time that suits them, either in person, via video call over the web or over the phone to discuss buy sell agreements.


During this buy sell agreement and exit-focused partnership agreement informational meeting we explain the process including all available options regarding buy sell agreements and exit-focused partnership agreement — ensuring the buy sell agreement and exit-focused partnership agreement fit the needs of the client and of their business enterprise.


If our client is not sure if they wish to proceed with creating a buy sell agreement or exit-focused partnership agreement, we can also help them to identify the best buy sell agreement or exit-focused partnership agreement solutions for their particular issues.


To find out more about the potential issues confronting business partners and buy sell agreements or exit-focused partnership agreement visit our 'Useful materials' page to download a copy of Insights: Issues for Business Partners.


Or for more information on our best buy sell agreement or exit-focused partnership agreement solutions download a copy of our Buy Sell Agreement Insight and our Exit Agreement Insight.


Have you had a Partnership Agreement prepared in the past instead of an exit-focused partnership agreement and buy sell agreement? Unfortunately not many Partnership Agreements properly address business partners' most critical need — the ability to easily exit the business. This takes a properly organised buy sell agreement and exit-focused partnership agreement that need to be in place before they are needed!


The majority of partnership agreement usually only offer what is known as a "first right of refusal". But what if your partner refuses to buy you out? What then? It is not always easy to sell a share in a business on the open market. At the very least your partner will need to agree to the other partner buying your share. And while you are trying to sort all this out, what happens to the business? The right buy sell agreement and exit-focused partnership agreement established at the outset can stop this from ever becoming an issue.


Protect your investment and ensure you have a buy sell agreement and exit-focused partnership agreement in place that really solves the problem — and doesn't just create more which is what can happen without a buy sell agreement and exit-focused partnership agreement. Talk to Irongroup Lawyers today about our buy sell agreement and exit-focused partnership agreement services.

 

DEBT INSURANCE AGREEMENTS FOR BUSINESS PARTNERS

Some business partners choose to take out debt insurance cover only.

 

When a partner dies or suffers a TPD event, the bank often has the right to call up the loan. Importantly, even if a partner exits from the partnership, the bank is under no obligation to release any personal guarantees they may have signed. Even if they have died! Unfortunately all personal guarantees need to be extinguished before an estate can be wound up.

 

Third party debts can be problematic. Consequently many clients choose to cover their debts with insurance so they can be paid out and guarantees released. However, without an agreement obligating the remaining partners to use that insurance to pay down the debt, and then negotiate with the bank to release the guarantee, there is no certainty this will happen.

 

A Debt Insurance Agreement can assist. If you or a client want to know more, please call our office to arrange an obligation free phone call with a lawyer to discuss how this can help.