It is essential anyone contemplating the purchase of a business has access to good advice. This matters whether you are buying or selling a business for the first time or when you have done it many times before.
One of the very positive things about management rights is that there are a number of professionals who have long experience and great expertise in this industry. Having access to good advice from people who know what they are doing makes a big difference. It makes sense to engage experience. Occasionally I encounter parties to a sale or purchase deal who believe they are better using a professional because ‘they have handled our family affairs for three generations’ or, ‘a friend recommended’ them.
No disrespect but the reason you engage professionals is to get the benefit of their experience and expertise. In racing parlance, the best jockeys for the Melbourne Cup are those who know the horse, the track and the conditions. So it is with professionals when looking at management rights.
Each of the professionals on this page have extensive experience with management rights in North Queensland. What’s more they live and work here. All have been handling the sale and purchase of management rights for more years than I have been here. In that time, they will have been involved either acting for buyers or sellers for possibly every management rights business in North Queensland. I recommend you tap into that experience and expertise. It will save you time and money. They know the business, the location and the conditions. They know what they are doing.
Shane Devenish practices exclusively in the areas of management rights and body corporate law. Whether you are a first time management rights buyer or a seasoned industry veteran, you will benefit from Shane’s passion, experience and in-depth knowledge to help you navigate the range of legal issues unique to management rights businesses including dealings with the body corporate, reviewing and varying agreements and of course buying and selling.
Shane is a member of the Australian Resident Accommodation Managers Association (ARAMA) and a board director of Strata Community Australia (Qld). Shane is also the Queensland representative on the Strata Community Australia (National) Professional Standards and Membership Board Advisory Group.
Devenish Law, Cairns
P: (07) 4081 7161
M: 0448 155 752
E: shane@devenishlaw.com.au
www.devenishlaw.com.au
Bolt Burchill Tranter Lawyers is a niche management rights, commercial and property law firm based in Port Douglas. Martin Tranter has over the last 20 years acted within the management rights space for bodies corporate and management rights operators throughout Queensland from Port Douglas, Palm Cove, the northern beaches of Cairns and in Cairns, Mission Beach, Townsville, Yeppoon and Brisbane.
Experience and regular interaction with other niche management rights agents, body corporate solicitors and accountants is integral to guiding a manager, seller or buyer or body corporate through a management right assignment or dispute. Management rights is fundamentally about managing relations between a Body Corporate, the lot owners and guests / tenants. Our approach to management rights clients is remarkably similar. We depend upon referrals from our clients and based on the accessibility, cost efficiency and proficiency of advices cultivate client relationships long beyond the initial transaction.
Bolt Burchill Tranter Lawyers, Port Douglas
P: (07) 4030 4800
E: mtranter@bbtranter.com.au
www.bbtranter.com.au
For over 30 years Michael has practised in the areas of commercial and property law with particular emphasis on management rights and body corporate law.
Michael has acted in hundreds of management rights transactions. He has developed strong relationships with the accountants, agents, other legal practitioners and who practise in the area, to ensure that transactions are conducted in the most efficient and effective way.
Michael also acts for a large number of local and regional businesses and advises on structuring, acquisitions and sales.
No matter how large or small the deal, Michael’s approach is to understand the needs of his clients and to deliver service and advice that is expert, timely, and practical. His approach is always to find solutions, not problems.
WGC Lawyers, Cairns
P: (07) 4046 1177
E: mhuelin@wgc.com.au
www.wgc.com.au
We are a husband and wife team who collectively have 20 years as Chartered Accountants working in accounting firms and industry, including 14 years working with Management Rights.
We are Management Rights specialists who have invested in our technology and partnered with industry leaders Resly and Xero. This allows us to deliver due diligence tax, trust account audit compliance and advisory services as efficiently as possible.
Our in-depth understanding of the Management Rights Industry allows us to confidently deliver meaningful services for a Fixed Fee.
We are always happy to have a chat. Please feel free to say hello.
CAATZ, Cairns
P: (07) 4249 3772
E: info@caatz.com.au
www.caatz.com.au
Eagle Accounting can proudly claim to be among the leading management rights specialist accounting firms in Australia.
With more than 20 years’ experience, we can confidently say that we know this industry inside and out, and are highly qualified to undertake specialised consulting projects including financial due diligence, business forecasting, profit improvement and preparation of businesses for sale, as well as trust account auditing.
Miriam is well known for her expertise in management rights and motels, but also services a broad portfolio of other industries. She is particularly sought out for her due diligence expertise and with assisting clients to buy and sell businesses. Miriam remains a reliable participant in your business journey from start up, ongoing management, through to sale and retirement planning.
She enjoys making connections with people and being involved in shaping their futures.
Eagle Accounting & Management Rights, Cairns
P: (07) 4040 2033
E: enquiries@eagleaccounting.com.au
www.eagleaccounting.com.au
Danny Adams, founder and principal of NQ Lending has a career in the finance industry spanning 40 years.
Whilst based in Cairns, Danny has clients across Australia. However, tourism, accommodation and hospitality are his specialty.
Additional to Danny’s wealth of experience he believes it is critical for clients seek the advice of industry professionals in their transaction, accordingly he has a network of specialists that he recommends to assist with any business purchase.
Danny’s belief is that clients should always “Begin with the end in mind” and give consideration to today and the future.
Whether a business operator reviewing an existing lending portfolio or a client seeking to pursue a new charter, Danny is happy to assist in all endeavours.
NQ Lending, Cairns
M: 0408 772 295
E: danny@nqlending.com.au
www.nqlending.com.au
PO Box 1184 Smithfield, Queensland 4878
ABN 466 274 847 62
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Disclaimer: The information in this website and in any other materials provided by NQMR is general. It does not constitute, and should be not relied upon as, investment advice, accounting and financial advice or as legal advice. NQMR recommends seeking advice from a qualified professional/s on the various issues affecting you before acting on any matter. The information supplied to NQMR and shared either through the NQMR website or in any other form is information provided to NQMR by the vendors of the business or the property. Such information has been accepted in good faith and no audit undertaken. While NQMR tries to ensure that the content of this website or in any other materials provided by NQMR is accurate, adequate or complete, it does not represent or warrant its accuracy, adequacy or completeness. NQMR is not responsible for any loss suffered as a result of or in relation to the use of this information. To the extent permitted by law, NQMR excludes any liability, including any liability for negligence, for any loss, including indirect or consequential damages arising from or in relation to the use of this information.