In this blog we examine the next three categories in the JPAbusiness Business Transfer Checklist: Customers, Suppliers and Stock.
In our previous blog we talked about the financial issues related to customers, but there is a separate issue regarding customers and that is ‘relationships’.
A business may have 50 regular and loyal customers and yet 15 of those may represent 60% of the sales on a regular basis.
Topics: Customers, Business transfer, Inventory, Suppliers
There are several important issues a vendor and, by definition, a purchaser need to consider and deal with in the transfer process leading up to settlement.
We have created the JPAbusiness Business Transfer Checklist based on the seven major issues you will need to consider:
Topics: Buying a business, Selling your business, Business transfer
In this blog James examines the first two categories in the JPAbusiness Business Transfer Checklist – Employees and Financial.
There are a number of business transfer issues related to employee management and two of the most important are:
Topics: Advice, Staff, Business transfer, Financial
Goodwill is a measure of your business’ future potential – true or false?
Answer: False, but that doesn’t mean people won’t pay for goodwill.
What is goodwill?
Goodwill is an intangible value associated with a business.
As we have explained in other eBooks and blogs, stock, plant and equipment, and other fixed assets, are tangible items that can be relatively easily valued on a market.
Topics: Business Value, Selling your business, Advice, Business transfer, Due diligence, Exiting your business
