The best legal structure for your business

Once you have purchased or started a business, you need to decide which is the best legal structure for your business. The options are a sole trader; company; partnership or trust. They all have advantages and disadvantages, so it is always best to obtain professional advice. Sole trader This is the most common form of structure and is the cheapest. All that is required, is that you register a business…  Read more

Valuing a business you are considering buying or selling

Valuing a business for purchase or resale is not as easy as say valuing an investment property, where the market value of the property can be easily determined by comparison with similar properties recently sold. Every business is unique and there is no easy comparison available. The value of the business is made of basically 2 components: the tangible or real assets plus the goodwill; intellectual property etc. known as…  Read more

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