The Beal Blog:
Business insights, advice, and analysis

Selling a Business: Training Your Successor

Having written job descriptions is essential for a smooth transition to ensure everyone knows what they should be doing. However, knowing what you should do is not the same as knowing how to do it. This is where training comes in. Training comes in different formats -...

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Buying a business: Patents and Intellectual Property

“Intangible assets” are assets like trade names, trademarks, logos, copyrights, software, patents, and industrial designs. They are legal rights that a business can own. To protect these rights, patents and trademarks should be registered. Patents can cover things...

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Buying a business: Taxes

As Benjamin Franklin said, “nothing is certain except death and taxes.”  The government will want a piece of every transaction you do - that's just the nature of the government and of taxes! The trick is to minimize overall taxes by structuring the transaction...

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