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Business Goodwill: Value and Impact on Business Sales

In part one of this two-part blog series, we went over some of the basics on what's known as business goodwill. An intangible asset, but one that's still hugely valuable in numerous settings nonetheless, goodwill covers areas like reputation and relationships – and will often…
Team
December 15, 2020
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Business Goodwill: Basics and Types to Know

Within many areas of business, including business sales or purchases, the term “goodwill” has taken on greater and greater meaning over the years. This term, which may be a bit confusing for some, is actually relatively simple, covering not only a business’s reputation but also…
Team
November 15, 2020
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Business Sale Terms and Structural Factors, Part 2

In part one of this two-part blog series, we went over the basics on common business sale structural elements and terms often found in such deals. While final sale price is always a vital factor during any business sale, there are also several other potential…
Team
October 13, 2020
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Business Sale Terms and Structural Factors, Part 1

While the final sale price of a business during any business sale is obviously very important to both buyer and seller, this is not the only relevant factor that defines the sale. There are also other important variables during any business sale or purchase, including…
Team
September 15, 2020
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Foreign Buyer Factors to Consider During a Business Sale

If you’re considering selling your business in the near future, one group of buyers you’d be wise to closely consider is foreign buyers. While there may be some additional steps or hurdles involved in selling a business to a foreign buyer, there also may be…
Team
August 11, 2020
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Tax Ramifications Involved in Business Sales, Part 2

In part one of this two-part blog series, we went over some of the basic factors involved in understanding the tax ramifications of a business sale. Business sales are a form of income, meaning basic tax laws apply to them, and it’s important to ensure…
Team
June 9, 2020
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Tax Ramifications Involved in Business Sales, Part 1

There are several important factors to keep in mind during the course of a business sale, and one vital element is the tax ramifications involved. Business sales, like other sales that earn you money, are considered income – this means they are applicable to basic…
Team
May 15, 2020