Despite stringent disclosure rules which aim to even things up between the supposedly rapacious seller and the innocent purchaser, it’s very easy for a buyer of a small family business to be caught by buying a dud.
If you’re stuck with a dud business as a result of being deliberately deceived you certainly can take them [...]
Despite stringent disclosure rules which aim to even things up between the supposedly rapacious seller and the innocent purchaser, it’s very easy for a buyer of a small family business to be caught by buying a dud.
If you’re stuck with a dud business as a result of being deliberately deceived you certainly can take them [...]
On the face of it, it should be a lot less risky now than it used to be to buy a business from a stranger.
Most (but not all) States and Governments in the developed world have brought in stringent disclosure rules which aim to even things up between the supposedly rapacious seller and the innocent [...]
Apart from buying a business the next most common reason for valuing a small family business is that it is yours and you want to sell out.
In this case you are the one who is highlighting the good points about the business and perhaps burying the secrets.
The question is, who do you rely on to [...]
