When should you use a Product Liability Clause in the Sale & Purchase Agreements for Businesses
When you are selling a business, you would like to walk away and move on without the risk of being liable for any warranty claims after you have sold the business. The legal word of the law states that you are liable for any product liability / warranty claim as long as your legal entity […]
Why some businesses won’t sell, despite good marketing efforts
Selling a business is not an event, it is a process. Also, not every business sells, even when a professional business broker has applied the best marketing efforts! Here is a few reasons why: The business is overpriced The main driver of a business sale is price. A business transaction is always based on Return […]