Minimising human capital risk when buying a business
Paul Martin • September 21, 2014
Things to consider:
1. Shareholder purchase and sell agreements.
1. Shareholder purchase and sell agreements.
2. Key person risk.
3. Business debt.
4. Insurance factors.
If you had to pay tax of more than $5,000 in your last income tax return, you may have to pay provisional tax for the following year. Provisional tax is like making progress payments on next year's income tax.
This time of year can be hard on small business. Your expenses continue and your cashflow can suffer when your debtors go on holiday.
Inflation may be down but there’s still real uncertainty for business owners.
