HOT LISTING
PHARMACY NEWS
NEW SUPER HEADACHES FOR SMES
Small business operators will be burdened with additional administrative challenges if not prepared for the new Quarterly Superannuation Guarantee which takes effect on 1 July 2003, cautioned Scott Doyle, Managing Director of ADP Employer Services.
REPRESENTATIONS AND WARRANTIES
With almost all sales of businesses, a vendor will endeavour to present the business in the most positive manner and as a consequence, will make certain representations in order to encourage a purchaser’s interest. These
DID YOU HEAR THE ONE ABOUT THE BUYER THAT WALKS INTO THE PHARMACY AND MAKES AN OFFER?
If a buyer enters your pharmacy and asks whether you are interested in selling, what then?
LEGAL DUE DILIGENCE IN PHARMACY TRANSACTIONS
It is common to see in almost all contracts for pharmacy business sales a clause making the sale conditional upon a satisfactory financial due diligence exercise being carried out by the purchaser’s accountant. As a
BANNER GROUP MEMBER AGREEMENTS – BE WARY
It is now a standard occurrence when joining a large banner group that pharmacists are being asked to sign formal ‘member agreements’ which are not only lengthy and complex documents, but are legally binding upon
RESTRAINTS OF TRADE IN PHARMACY SALES
As with most business sales, the giving of restraints of trade by a vendor pharmacist is an important aspect of transferring the business goodwill to the purchaser. However, many would be surprised to know that