Why would I pay for your business when you’ve already given it to me? The importance of a well-crafted Confidentiality Agreement in sale negotiations

In the excitement of fielding potential buyers for their business, many business owners often neglect to take the requisite precautions to safeguard their important Intellectual Property (IP), goodwill and trade secrets. Blinded by the prospect of a windfall, many rush in and disclose the nature of their operations and key drivers of their profitability without [...]

2018-11-14T06:09:51+00:00November 14th, 2018|Business Advice, Contracts, Corporate Advisory, Intellectual Property|Comments Off on Why would I pay for your business when you’ve already given it to me? The importance of a well-crafted Confidentiality Agreement in sale negotiations

Who Owns the Business Name – A Lesson for Business

The art deco doors of the Paragon café remained open throughout two world wars, three transfers of business and multiple financial crises. Now, despite purchase offers in multiples of the owner's asking price, the business's 102 years of operation is set for a tragic end. What/who could be responsible for the death of such a [...]