Articles
Transferring a Lease to a New Business Owner
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...
How to Create a Sale of Business Contract
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....
Buying a Franchise
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 operational...
Most Common Business Structures
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 control over...
Changes to Home Building Act
Changes to Home Building Act The Home Building Act 1989 deals mainly with the the licensing and regulation of builders performing residential building work. However, it also gives the benefit of warranties and insurance in respect of such work. On 15 January 2015...