What should one know about the legal and tax aspects involved in a cafe exit strategy?

Legal and tax considerations when exiting your cafe business are vital. It’s key to understand the lease termination process, be aware of legal procedures in business closure, and be familiar with Australian business sale legislation. Tax considerations like Goods and Services Tax (GST), income tax, and capital gains tax are also crucial aspects and could impact your profits. It’s worth putting in the time to comprehend these areas fully, as it could save you from future legal complications.