by aslaumbe | Oct 6, 2015 | Articles, Business Sale & Purchase Articles, Commercial Agreement & Dispute Articles, Lease Articles
Things To Know Before Leasing Business Premises A lease is an agreement between the owner of business premises (the landlord or lessor) and the operator of a business on the premises (the tenant or lessee). When you enter into a lease you are agreeing to pay...
by aslaumbe | Sep 4, 2015 | Articles, Business Sale & Purchase Articles, Commercial Agreement & Dispute Articles
Things to Consider When Buying a Business There are many advantages to buying an existing business. You won’t be starting from scratch and most often you will be acquiring a business with an existing customer or client base and regular cash flow. To ensure that this...
by aslaumbe | Aug 30, 2015 | Articles, Business Sale & Purchase Articles, Lease Articles
Transferring a Lease to a New Business Owner As part of the sale of a business the vendor and the purchaser have to decide if the purchaser wishes to have a transfer over the existing lease of the business premises or wishes to apply to the lessor for a new lease. If...
by aslaumbe | Aug 19, 2015 | Articles, Business Sale & Purchase Articles, Commercial Agreement & Dispute Articles
How to Create a Sale of Business Contract Once the owner of a business (the vendor) and the buyer (the purchaser) agree on the sale of that business the details of the deal have to be incorporated into a a written agreement called a Contract for the Sale of Business....
by aslaumbe | Jul 14, 2015 | Articles, Business Sale & Purchase Articles, Commercial Agreement & Dispute Articles, Lease Articles
Buying a Franchise A franchise involves a business owner (the franchisor) giving you (the franchisee) the right, upon payment of a fee, to market and sell the franchisor’s products or services in accordance with the franchisor’s system of management and...
by aslaumbe | Jul 13, 2015 | Articles, Business Sale & Purchase Articles
Most Common Business Structures Usually, businesses will operate under one of the following business structures: 1. Sole Trader – This is the simplest structure to set up and maintain. You run the business without any other owners and have complete...