The Management Rights Purchase Process – Who’s Who in the Zoo

The Management Rights Purchase Process can appear complicated and at times confusing. It’s essential that all parties work in a coordinated manner and share information throughout the process. Our job is to ensure that everyone is “on the same page” at all times. Think of us as the policeman directing traffic and ensuring there are no nasty accidents. Most importantly, the services of industry experts should be used at all times.

The Sales Agent

Will be a management rights specialist undertaking predominantly management rights sales. Provides detailed industry advice and a reliable, knowledgeable sounding board. Assists in negotiating the contract and ensuring your needs are met.

The Accountant

Highly experienced in management rights financial statements and operating ratios. Will provide independent assessment (verification) of the net profit for sale purposes.

The Lawyer

Community titles law focused with a detailed understanding of industry specific legislation. Will provide due diligence in respect of the validity of the management and letting agreements.

The Valuer

Experienced in manager’s lot and management rights business valuations. Will have up to date market information and a significant sales data base. Will understand the industry and the asset at the micro level.

The Financier

Management Rights focused with industry specific credit policy and product. Will provide an appropriate finance package including lending, insurance, merchant and transaction banking products.

We will ensure that you are introduced to a range of industry experts in these critical areas. From there, the choice is yours.

Intending management rights purchasers should be aware that operating conditions, availability of finance, licensing requirements and legislation differ from state to state. We are able to provide services and introductions across all jurisdictions.

management rights purchase process guide

One More Question?

Can’t find the information that you are looking for on our website? Get in touch with Mike Phipps Finance today, we will try to answer any industry related question that you may have.

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Mike Phipps Finance Management Rights and Accommodation Specialists Phippsfin Pty Ltd ACN 139 124 673 Australian Credit Licence 364 314

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