Insights

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Buying a Business – The intangible assets

In most business sale transactions, tangible assets such as stock, furniture and equipment are easy to identify, value and justify. It is usually the intangible assets such as tradeable intellectual property, goodwill and know-how that could make or break a business. Not only is it hard to accurately value, but it can also be significantly subjective. What a seller thinks has significant value can be of little value to a buyer and vice versa.

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Strata scheme

Understanding by-laws in your strata scheme

When you buy an apartment in a strata scheme, you become part of a community that has certain rights and responsibilities specific to your strata complex. Many of those rights and responsibilities are protected by by-laws. It’s crucial that you understand those by-laws, as they control what you can do in your home or investment property.

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