“You wouldn’t buy a pig in a poke…”. A great saying which can be applied to business capital. Buying business assets is often synonymous with a new professional life. From the seller’s point of view, it represents new opportunities or investments. So that this takes place in optimal conditions, and doesn’t become a nightmare, caution and patience should be exercised. Here are 6 essential questions to ask. Firstly: what is meant by business assets? Business assets are things of value that are used in a business. The assets are of two types: Tangible assets, like business vehicles, equipment, supplies, and buildings Intangible assets, like copyrights, patents, and trademarks. Business assets can be transferred (sold) to a third party, who is […]
