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The Importance of Due Diligence when buying a business

Thursday, January 23, 2020 · 0 Comments

If you’re serious about buying a business, there are a number of questions you’ll need to ask the seller. For example, understanding the financial position of the company, culture amongst employees and customer retention rate is important. Furthermore, you’ll also need an understanding of existing trademarks, sales data, stock and inventory, marketing plans and any outstanding, ongoing contracts, owner’s income and more. To assess this information, you need to go through the process of due diligence. · Read More...

3 Legal issues to consider when selling a franchise

Friday, January 3, 2020 · 0 Comments

Both buying and selling a franchise is a big decision to make and the parties involved should ensure that they have considered all the legal issues at hand. This article will focus on legal considerations for the seller. In general, the seller should only act with the consent of the franchisor and follow the necessary steps set out in the franchise agreement. · Read More...

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