Accounting for IP in a Sale of Business: Know what you’re giving away (and charge for it!)
Gaining a thorough understanding of what your business is worth is a tricky process. Regardless of past investments and future potential, ultimately it will only be worth what somebody is (currently) willing to pay for [...]
All care and no responsibility: Why unreasonable standard terms contracts might be a risk to your business
Historically, many businesses have sought to use their standard Terms and Conditions of trade (typically attached to an invoice or quote) to completely shield themselves from responsibility by incorporating clauses which heavily favour their own [...]
The net is closing in: Is your website about to land you in this trap?
A new dawn has begun online around copyright and image use infringement and it’s one that is going to land a lot of business owners in hot water if they’re unaware. Companies are using automated [...]
I’ll take your business but not your problems! – The importance of understanding lease reinstatement obligations when purchasing a business
Buying an existing business can be an exciting but stressful process. Along with assuming the rights to exploit and grow an existing enterprise, the purchaser also assumes numerous obligations and liabilities. Apart from taking on [...]
How to avoid an expensive and disruptive dispute
A recent survey* of small businesses shows how to avoid an expensive and disruptive dispute. Unsurprisingly late payment was the single biggest reported cause of disputes. Although 60% of businesses who had been though a [...]
Land tax bill a kick in the guts? Wait until you get your landlord’s one!
Land Tax. One of those unpleasant imposts you must endure yet can’t conceivably think of what you’re getting in return for the pleasure of forking over your hard-earned cash. If you know this pain then [...]
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