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Purchase Price Allocation
In most sale transactions there is plenty of debate surrounding the treatment and allocation of the purchase price. Generally (or should I say always) the vendor will aim to minimise the amount of the sale price allocated to stock, plant and equipment or other physical ...
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Making an Offer/Contract Terms
Buying a business through a business broker is a very exciting experience. Once you decide you want to make an offer for a business, you need to understand the process involved. After you make an offer through your business broker, the next step is becoming familiar ...
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Lease Obligations After Your Business is Sold
Many businesses operate from leased commercial premises. However what are the obligations to the lessee (you) if your business is sold? Once your business is sold the lease does not automatically transfer to the buyer upon sale of the business. You will still be liable ...
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Share Sale vs Asset Sale
When buying an existing business you may have the option of either purchasing the shares of the business or the assets of the business. If you purchase the shares of the business, you inherit the debts and liabilities of the business at that time. You ...
