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Archive for January 2020

Selling Your business? Follow my sure-fire first steps -PART TWO

Providing assistance to the purchaser. Most purchasers will need some help transitioning into the business.  Think about your availability and what help you are prepared to give the purchaser both before and after settlement. Contracts, Licences and Permits. You will need to identify all of the third-party contracts you use in the business.  You will…

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Selling Your business? Follow my sure-fire first steps -PART ONE

Before you start talking to potential purchasers, you need to have a plan in place to help with negotiations and drafting a contract. 1.Your business structure There are a number of structures that can be used to run a business, and how you sell the business depends upon your structure.  You need to understand what…

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