Before entering into any purchase of a Business you must complete your due diligence. Where to start:
1. What price should be paid? Goodwill, plant, fixtures and fittings and stock will generally make up the price. The price will be broken down into these caterogories in the Agreement with value given to each one.
2. Turnover - [...]
Buying a Business
November 4th, 2009 · No Comments · Uncategorized
Tags:Accountant·Busines·Business Activity·Business Checks·Buying A Business·Contracts·Due Diligence·Furniture·Goodwill·Hire Purchase Agreement·Intellectual Property·Landlord·Premises·Relationship·Resource Management Act·Settlement Date·Start 1·Stock·Turnover·Warranty
Agreement for Sale and Purchase
October 28th, 2009 · No Comments · Uncategorized
Lets break it down in bit by bit:
Recently the Real Estate Institute of New Zealand released a plain English version of a new Agreement for Sale and Purchase. This Agreement has not been received well by the Real Estate Industry. It would appear the majority of Agents will stick with the Auckland District Law Society Eighth [...]
Tags:Auckland District Law Society·Bank Cheque·Bit By Bit·Certificate Of Title·Contractual Obligations·Eighth Edition·Electronic Transfer·First Option·Front Page·Gst·Instalments·Legal Description·Negotiations·Passports·Possession·Purchaser·Real Estate Institute Of New Zealand·Satisfaction·Settlement Date·Vendors Finance
