Category Archives: Buying a Business

The Value of Goodwill

Goodwill is an accounting tool that assesses the value of a company’s reputation, its relationship with customers, its standing in the community and other intangible benefits.
Also posted in Doing Business, Money Matters, Selling a Business | Leave a comment

Honesty is Important When Selling Your Business

Honesty costs a lot less than even a day in court. A recent court case dismissal in Perth should send shock waves into small business where owners are trying to sell the business.
Also posted in Money Matters, Selling a Business | Leave a comment

Restraint of Trade

A restraint of trade is any contractual term that seeks to restrict the freedom of a party to engage in business.
Also posted in Selling a Business | Leave a comment