Buying a creative agency is an interesting one, as you need to clearly ask: What is it that you are actually buying? Is it the work created by the agency prior to you taking ownership? Is it the goodwill of the business? Or, maybe you are just purchasing shares in the business and becoming a part owner? This article will run through the broad legal considerations you need to make if you plan on buying a creative agency as a whole.

Brand Name

As the agency works with clients to provide creative work, this client relationship will be one that is specific to the vendor’s creative direction. The value of the business will lie on the vendor’s reputation in the industry and whether or not that has increased the worth of the vendor’s business or brand name. If you are buying a creative agency, it would be important to consider taking ownership of the business name so that you can continue operating with this recognition already secured.

Intellectual Property

Although the previous work of the creative agency is likely to not be included in the business sale, the brand identity may well be. For example, if the creative agency has a trade mark on the logo or business name, it would be important to get this assigned to you and ensure ownership has changed hands in the official records. For past creative work, make sure intellectual property ownership is discussed openly with the vendor. To avoid confusion or future disputes, get a Sale of Business Agreement drafted.

Employees and Talent Retention

As with all business purchases, you will need to consider whether or not you will be offering employees ongoing employment with the business. This may be a good idea for employees who have a close relationship with specific clients. This will assist in not only retaining talent, but also in ensuring the clients that the quality and creative work of the agency will be of the same high standard.

Restraint of Trade

If current employees are not given a job offer, is there a Restraint of Trade placed upon them once they have finished up in the business? Remember to check any existing Employment Agreements and consider whether or not employees will be able to work for your competitors while you start to operate the business. It is also quite common for restraints to be placed on the vendor of the business. If this is important to you and you believe that the vendor could continue working as a competitor, consider including a Restraint of Trade Clause in the Sale of Business Agreement.


Buying a creative agency can be a profitable venture if you ensure that you are able to build on the business name and reputation. A formal Sale of Business Agreement will outline what both parties have agreed upon, including what is being sold and its value. Our team of specialist business purchase lawyers can assist in reviewing any contractual agreements you may need as a result of the business purchase.

Kristine Biason
If you would like further information on any of the topics mentioned in this article, please get in touch using the form on this page.
Would you like to get in touch with Kristine about this topic, or ask us any other question? Please fill out the form below to send Kristine a message!

Privacy Policy Snapshot

We collect and store information about you. Let us explain why we do this.

What information do you collect?

We collect a range of data about you, including your contact details, legal issues and data on how you use our website.

How do you collect information?

We collect information over the phone, by email and through our website.

What do you do with this information?

We store and use your information to deliver you better legal services. This mostly involves communicating with you, marketing to you and occasionally sharing your information with our partners.

How do I contact you?

You can always see what data you’ve stored with us.

Questions, comments or complaints? Reach out on 1300 544 755 or email us at

View Privacy Policy