The first one is to buy the actual business or assets of the business versus the shares in a company or the units in a unit trust. They’re kind of the two main ways.
The Business or Assets, the accounting word for that is ‘goodwill’ and it is the most common way. You buy the seller’s business into your own entity in most cases versus the shares or units where they run in a company structure and you just buy the shares off them, whether in part or in full depending on the structure of the purchase. And there’s pros and cons between both.
Watch the full webinar, ‘’Acquiring a Business’ at https://learning.benwalker.com/courses/acquiring-a-business
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