If you're considering buying an existing business and want to know if it's a risky endeavour, you've come to the right place for answers. The short answer is: Buying an existing business is typically lower risk than starting a brand new business. Let's look at why. 1....
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Comparing Quotes on Solicitors Fees for Selling a Business
Find out why I don’t tend to price match with other solicitors for business sales. And how my services compare (positively).
Can I sell my business if I have a bounce back loan?
If you own a limited company, all debts of the business, including bounce back loans that the business cannot pay in full or part, after assets and liabilities are calculated, will ultimately be cancelled if the business is insolvent.
Trade Marks vs. Copyright: Which one is right for you?
Copyrights and trademarks are both important tools in protecting your intellectual property, but knowing what you need can be confusing. Find out more here.
Understanding the Costs Involved in Selling Your Business
One of the primary costs associated with selling a business is using solicitors to cover all legal aspects of the transaction. Find out if you should shop around and all about fixed fees.
How to inform employees you’re selling the business
Start by telling them how much you appreciate their hard work and how important they are to the success of the business. Then tell them that you have decided to sell and explain your reason(s) for selling. Next, talk about the buyer and their qualifications.
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Sarah Thompson
Business Consultant