Business and commercial

Business and commercial lawyers in Perth for confident business decisions.

Running a business in Western Australia means signing things — leases, purchase contracts, loan documents, guarantees, supplier terms. The difference between a manageable problem and an expensive one usually comes down to what was reviewed before signing. We advise Perth business owners at every stage, in English and Vietnamese, with fixed fees for defined work.

Conflict clearance and written engagement are required before the firm acts.

Quick answer

What does a business and commercial lawyer in Perth help with?

A business and commercial lawyer helps owners buy and sell businesses, review commercial and retail leases, prepare shareholder, partnership and unit-holder agreements, document loans, guarantees and securities, plan business succession, and resolve commercial disputes. Legal Care Australia advises Perth business owners in English and Vietnamese, and publishes fixed fees for defined work: a lease review is $1,100, guarantor advice $750 per guarantor, and business settlement $1,750 for a buyer or $1,350 for a seller, all including GST.

  • Buying and selling businesses, due diligence and settlements.
  • Commercial and retail leases, assignments, options and make-good.
  • Shareholder, partnership and unit-holder agreements, and commercial contracts.
  • Loans, guarantees and securities, including independent guarantor advice.
  • Business succession, and partnership disputes resolved proportionately.
  • Fixed fees published for defined work; advice in English and Vietnamese.

Jurisdiction: Western Australia.

How we can help

  • Buying and selling businesses; business settlements and due diligence.
  • Retail and commercial leases; assignment, options and market-rent issues.
  • Shareholder, partnership and unit-holder agreements.
  • Corporate and commercial contracts.
  • Loans, mortgages, guarantees and securities.
  • Business succession.
  • Commercial and partnership disputes.
  • AML/CTF compliance advice.
  • SME legal membership options.

Buying or selling a business in Western Australia

Buying a business is one of the largest financial commitments most people make, and the contract usually favours whoever drafted it. Before signing it is worth checking exactly what is being sold, whether the lease can be transferred and on what terms, employee entitlements you may inherit, equipment leases or encumbrances, and whether the seller is restrained from setting up nearby. Selling has its own traps: the warranties you are asked to give, restraints that limit what you can do next, and personal guarantees that do not end just because the business changed hands.

Commercial and retail lease review

For most small businesses the lease is the biggest ongoing commitment after wages, and the most common source of disputes we see. Rent reviews, outgoings, options to renew, make-good obligations at the end of the term, personal guarantees, and what happens if you sell the business all sit inside that document. Some Perth premises also fall under the Commercial Tenancy (Retail Shops) Agreements Act 1985 (WA), which gives retail tenants protections many tenants — and some landlords — do not realise apply.

Structures, owners agreements and contracts

The right structure affects your tax position, your personal exposure if something goes wrong, and how easily you can bring in partners later. Just as important is what happens between the people who own the business: a written owners agreement sets out how decisions are made, how profits are shared, and what happens if an owner wants out, becomes ill or dies. Most partnerships that end badly never had one. Alongside that sit the contracts you use every day — terms of trade, supply and service agreements, franchise documents — where the cost of a review before signing is a fraction of the cost of a dispute afterwards.

Loans, guarantees and securities

Banks and landlords routinely ask business owners, and sometimes their family members, to sign personal guarantees. A guarantee can put your home and personal assets behind the business's debts, and many people sign without independent advice on what they are actually agreeing to. If you have been asked to guarantee someone else's loan, get advice before you sign rather than after the demand arrives.

Succession, and disputes when they arise

What happens to the business if you die, lose capacity or simply want to retire? For family businesses succession is where commercial law meets estate planning — buy-sell agreements, insurance funding, and a will that lets the business keep trading. When relationships between owners break down instead, most disputes resolve by negotiation, a structured buy-out or mediation rather than a hearing. Our approach is to establish your legal position first, then pursue the cheapest path that protects it.

Legal help in English and Vietnamese

Legal Care Australia is one of the few Perth firms providing business and commercial advice in both English and Vietnamese. Contracts, leases and guarantees are hard enough in your first language. If you or your business partners are more comfortable in Vietnamese, we can advise, explain the documents and correspond in Vietnamese at every step, at the same fee. Chúng tôi hỗ trợ pháp lý bằng tiếng Việt.

What happens at your first consultation

Bring the documents — the draft lease, the sale contract, the loan pack, the correspondence. In an hour we identify the legal issues and where the risk actually sits, tell you what we would push back on and what is standard, map the options and their likely cost, and give you a clear recommendation on next steps. You leave knowing where you stand, whether or not you engage us further.

Process

  1. 1

    Initial consultation: the documents, the issues, and a written fixed-fee quote.

  2. 2

    Review or drafting, with a written report of the risks and what we would change.

  3. 3

    Negotiation with the other side where you want it, scoped and quoted separately.

  4. 4

    Settlement, signing or lodgement, with the deadlines managed.

  5. 5

    Where a dispute arises, your position established before anything is sent.

What to prepare

  • The contract, lease or agreement, and any offer or heads of agreement already signed.
  • Financial statements and tax returns where a business is being bought or sold.
  • The premises lease, and any guarantee or bond the landlord requires.
  • Loan and security documents, and any guarantee you are being asked to sign.
  • Any shareholders, partnership or joint venture agreement.
  • Correspondence recording what has been agreed commercially.

Risks, deadlines and common mistakes

  • Signing an offer before advice — the conditions in that first document decide whether you can exit.
  • Missing the window to exercise an option to renew a lease.
  • Assuming a personal guarantee ends when you sell the business or leave the company.
  • Buying a business without confirming the lease can be assigned to you.
  • Trading with owners but no written agreement about exits, valuation or deadlock.
  • Make-good obligations discovered at the end of a long lease term, when the cost is unavoidable.

Fees and scope

Legal costs should not be a mystery, so here are ours for the work we can price in advance, all including GST. A commercial lease review is $1,100 per lease document, or $750 if we are also acting on your business settlement, with retail disclosure statement review a further $550. Guarantor advice and a solicitor's certificate is $750 per guarantor for an appointment of up to 60 minutes, usually available within 48 hours. Business settlement is $1,750 for buyers and $1,350 for sellers, and settlement plus a lease review is $2,500 for a buyer or $2,100 for a seller. Business settlement covers settlement of an agreed transaction; most sales also need a lease assignment, and many need due diligence, contract negotiation or franchise review, which we quote together as one fixed fee after the first meeting rather than as a low number that grows. Contract drafting and commercial disputes are not priced online, because for a dispute the cost depends on how the other side responds — we quote each stage in writing before starting. An initial consultation is $350 for one hour, credited in full against your fees if you instruct us on that matter.

COMMON QUESTIONS

Frequently asked questions

What does a business and commercial lawyer in Perth help with?

Buying or selling a business, reviewing and negotiating commercial and retail leases, setting up business structures, preparing shareholder and partnership agreements, advising on loans and personal guarantees, planning business succession, and resolving commercial disputes. The common thread is reviewing documents and agreements before you are bound by them.

What should I check before buying a business?

Beyond the sale price, review the lease, licences, employees, equipment, key contracts, intellectual property and the accuracy of the information provided. Check whether the lease can be assigned to you and on what terms, and what employee entitlements transfer with the business. The right purchasing entity should be decided before signing, and both a lawyer and an accountant should review the deal before you pay a deposit.

When should a commercial lease be reviewed?

Before signing, before exercising or missing an option, and before assigning or selling a business that depends on the premises. Term, options, outgoings and guarantees can bind you for years. If your premises may be a retail shop under WA retail tenancy legislation, a review matters more again, because extra protections may apply.

What should an owners agreement cover?

Decision-making, funding, drawings, access to records, exits, valuation, death or incapacity, and how disputes and deadlock are resolved. It is far cheaper to agree these things while everyone is on good terms than to argue about them afterwards.

Can a commercial dispute be resolved without court?

Often yes. Negotiation, letters of demand and mediation resolve the majority of commercial disputes in WA without proceedings being issued. Court is generally the last resort because of cost and time. Your negotiating position still depends on your legal position, so the first step is establishing where you actually stand.

How much does a commercial lease review cost in Perth?

$1,100 including GST per lease document for leases of up to 50 pages, or $750 if we are also acting on your business settlement. Retail premises add $550 for review of the landlord's disclosure statement. Negotiation with the landlord is quoted separately after the review, because the cost depends on how the other side responds.

Should I sign a personal guarantee for my business's lease or loan?

Not before you understand what it exposes you to. A guarantee can make you personally liable, including your home, for the business's obligations, and some guarantees survive after you sell the business or leave the company. Some lenders require independent legal advice and a solicitor's certificate before signing. Advice and the certificate is $750 per guarantor, usually available within 48 hours.

Do I need a lawyer or an accountant to set up a business structure?

Usually both, for different halves of the question. Your accountant advises on the tax consequences of a sole trader, partnership, company or trust structure. Your lawyer sets the structure up correctly, prepares the agreements between the owners, and advises on liability and asset protection.

Can you review a contract before I sign it?

Yes, and it is the core of what we do. Supply agreements, franchise documents, service contracts, terms of trade and equipment finance: we review the document, flag the clauses that carry risk, and tell you what we would amend before signing. A pre-signing review is almost always cheaper than a dispute about the same clause later.

Do you provide business legal advice in Vietnamese?

Yes. We provide full business and commercial services in both English and Vietnamese — advice, document explanation and correspondence — at the same fee. If you are more comfortable discussing a lease, contract or guarantee in Vietnamese, the whole matter can be handled bilingually.

Written for general information and reviewed by Vinh Nguyen, Solicitor. This page concerns Western Australia law and is general information, not legal advice about your circumstances.

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