“If you liked me as a vendor, you’ll love me as a competitor!” The importance of non-compete obligations in a sale of business contract

A standard inclusion in many sale of business contracts (or share sale agreements) is the promise of the vendor not to compete with the business post sale. Whilst, generally speaking, non-compete or restraint of trade obligations in employment contracts can be notoriously difficult to enforce, in the context of a sale of business there is [...]

2022-07-18T06:33:28+00:00July 18th, 2022|Business Advice|Comments Off on “If you liked me as a vendor, you’ll love me as a competitor!” The importance of non-compete obligations in a sale of business contract

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 it. Too often however, in formulating a sale price, many business owners will neglect to take proper account of (or [...]

2020-05-12T04:23:53+00:00May 21st, 2019|Business Advice, Contracts, Corporate Advisory, Intellectual Property|Comments Off on Accounting for IP in a Sale of Business: Know what you’re giving away (and charge for it!)
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