Your trusted CPD partner


Buying and selling a closely-held business

NZ $38.00
Author(s): Rowena Lewis, Ron Evans
Published: 1 November, 1999
Pages: 96



This paper deals with various important legal, practical and drafting aspects of the sale and purchase of a closely held business. It does not purport to discuss the sales and purchases of those businesses operated by managers who do not exclusively own the business and are therefore not affected by the success or failure of the business, such as those owned by public companies, although the law is usually the same.

There is a standard form of agreement for sale and purchase of a business in common use. While the basic form is standard and is used for all types of business’ be they retailing, manufacturing, wholesaling etc and be they large or small, the actual sale and purchase of a business is rarely a routine transaction. Careful individualised attention is required . The main purpose of this paper is to highlight some of the more important aspects of the sale and purchase of a business transaction. To consider all matters would not be possible.


Content outline

  • What is a closely-held business?
  • Statistical information
  • Reasons for purchasing a business
  • Due diligence
  • Who should contract and how?
  • Structure
  • Represenations
  • Valuation and the price
  • Financing the purchase
  • Receiverships
  • Purchasing a bankrupt's business
  • Purchases of specific businesses
  • Selling a business
  • The standard contract
View contents page

You might also be interested in ...

Registrant Details

Use this window to add all the registrants you wish to register on behalf of. If you want to attend the course also, ensure you add yourself as one of the registrants. Make sure you press ‘save’ after adding each new registrant.

Proceed to Checkout

Unit Titles Intensive

Publication Date: 02-May-2013

Chair: Thomas Gibbons. Authors: Michael Allen, David Bigio, Lyn Clapperton, Neale Faulkner, Liza Fry-Irvine, John Greenwood, Tim Jones, Storm McVay, Tim Rainey, Annabel Sheppard, Rod Thomas, Nicholas Till QC, Hans van Schreven

NZ $95.00
Contact us to order

Tax Problems that Creep up on you

Publication Date: 16-Sep-2009

Author(s): Stephen Tomlinson, Grant Pearson

NZ $50.00

Multiple Registration
freephone (within NZ)
0800 333 111


04 472 7837

04 463 2986

DX SP 20202
PO Box 5041
Wellington 6140
New Zealand