Business FAQ
- Information on buying/selling a Real Estate Agency Rent Roll
A Rent Roll can be acquired either with or without the agency business that operates it. Rent Roll sales contracts must accommodate many eventualities and provide a mechanism for the transfer of…
- Information on buying/selling a Business in Hospitality
The value of the goodwill in a hospitality business – restaurant, café or bar – is usually determined in the first instance by reference to future maintainable earnings having regard to historical…
- Is it better to sell or buy the business or the shares?
The documentation required for the two different methods of asset transfer is different, though the legal costs for a buyer and seller are generally much the same in each case. Every case…
- Transfer of shares in the company
The sale of shares in a company that owns a business is another means of selling a business although it occurs far less frequently. It involves a sale of the company “warts…
- What is a Trust in a Business Structure?
Overview of a Trust / Discretionary Trusts The main advantage of a Discretionary Trust is that it allows an individual to distribute income from business activity to other individuals (“beneficiaries”), usually family…
- What is a Company?
Company Overview Unlike a sole trader or partnership structure, a company is a legal entity in its own right. A company has entitlements and obligations similar to those of a natural person.…
- What is a Sole Trader?
Overview of a Sole Trader A sole trader business structure is where – because the business and the owner are one and the same. – he or she has all of the…