Why Vendor Finance is a Bad Idea..

A client recently told me she had learned about vendor financing in a business seminar. One of those seminars was spruiked by slogans such as ‘build a business empire with no money down’.In my experience vendor finance almost always backfires. Here’s why. Purchasers...

How’s this for Sneaky!!

How’s this for sneaky…   I recently advised a client looking to purchase a particular business. On reading through the Contract of Sale I perused the Lease attached to the Contract. The Lease expired in a year’s time, but it had two options to extend for two more...

Are you sure your Will is Legal?

There is a difference between a legal will and a will that works. A legal will is one that gives your property away to other people after you die. A will that works is one that gives it to the people you want to receive it. A legal will can still work to give your...

Life as a Solicitor

When Shakespeare wrote in Henry VI ‘first…kill all the lawyers,’ he was writing at a time where the monarch reigned supreme, and laws were quite literally the dictates of the ruler of the day – sometimes formulated at the whim of the king or queen. But much as...