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 [...]
The most common reasons for valuing a business are when you are buying or selling the business.
However, they are not the only circumstances in which a business needs to be valued.
This article discusses the other less common reasons you may need to value a small family business and how important it is that you know [...]
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 [...]
Buying a franchise is no different from buying any other type of business. Everything needs to be properly checked out and a value placed on the business.
And contrary to what the franchiser would like you to believe, the price is not set in stone and you should not believe everything you are told.
This article gives [...]
