Legal Terms Made Easy to Understand
What is a Balance Sheet?
A financial statement showing the assets and liabilities of a business enterprise.
Don’t Underestimate the Taxes When Selling Your Business
Just like any other transaction, the sale of a business is considered a source of income, and sellers are often obligated to pay taxes.June 26, 2019
Can I Sell My Sole Proprietorship to My Kids?
While it may seem straight-forward, transferring ownership—regardless if it’s to a child or to an external buyer—can be a complicated process.June 25, 2019
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