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It is up to the owner if his or her business should be sold by him or her. If selling the business presents a challenge for any reason, one should hand the job over to a business real estate agent even if the agent gets a cut of the sale amount of the business.

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11y ago

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Show an example of a business contract?

I am not a business owner but I am trying to get an investment loan from a business what kind of contarct should i have to present to them


What is the business entity convention?

Business entity convention The convention that holds that, for accounting purposes, the business and its owner(s) are treated as quite separate and distinct. The business entity concept provides that the accounting for a business or organization be kept separate from the personal affairs of its owner, or from any other business or organization. This means that the owner of a business should not place any personal assets on the business balance sheet. The balance sheet of the business must reflect the financial position of the business alone. Also, when transactions of the business are recorded, any personal expenditures of the owner are charged to the owner and are not allowed to affect the operating results of the business. Business entity convention The convention that holds that, for accounting purposes, the business and its owner(s) are treated as quite separate and distinct. The business entity concept provides that the accounting for a business or organization be kept separate from the personal affairs of its owner, or from any other business or organization. This means that the owner of a business should not place any personal assets on the business balance sheet. The balance sheet of the business must reflect the financial position of the business alone. Also, when transactions of the business are recorded, any personal expenditures of the owner are charged to the owner and are not allowed to affect the operating results of the business.


Is there a sample letter to notify customers of business owner's death?

If a business owner dies, the business could send out a formal letter notifying returning customers of the event. The letter should be short and to the point, and include what the plans for the business are.


Why is owner of a business is interested in the activity of a business?

The activity of the business is what generates money for the business and the owner will want to maximize income.


What is another name for a small business owner?

Another name for a small business owner is "proprietor." In the US, if the owner is doing business as an LLC, he is a "member."

Related Questions

What could happen to a person found guilty of crime in the south after the thirteenth amendment become law?

Their labor could be sold to a business owner


What degree should i seek if you want to be a business owner?

Master of Business Management


If you owe money to a business and then the business is sold then who do you still owe that money to the original owner or the new owner?

If a business is sold, generally, any debts owed to the original owner transfer to the new owner as part of the sale agreement. You would still be responsible for repaying the debt, but now to the new owner. However, the specific terms can vary based on the sale agreement, so it’s advisable to review any documentation or consult with legal counsel for clarity.


When did George Washington start the business?

I don't know what business you ask about. He was a plantation owner, had hunting dogs he sold, and helped form the government.


How much should a business owner pay themselves?

i am a business owner for over 11 years I take whatever the government leaves me after they tax me to death


Should I sue the business or the owner?

It is recommended to consult with a legal professional to determine whether to sue the business or the owner based on the specific circumstances of your case.


What should a company do if they are struggling to repay their business loan on its current rate?

The first thing a business owner should do is to meet with their lender or banker. Often if they are a good customer, they will rewrite the conditions of your loan or lease to help the business owner.


Show an example of a business contract?

I am not a business owner but I am trying to get an investment loan from a business what kind of contarct should i have to present to them


A business entity owns the land on which it operates a marina. Should the property be considered 'owner occupied'?

That all depends on the context. Generally, owner occupied means the owner lives on the premises. It can also mean having the owner or the owner's business represented at the site.


What is the business entity convention?

Business entity convention The convention that holds that, for accounting purposes, the business and its owner(s) are treated as quite separate and distinct. The business entity concept provides that the accounting for a business or organization be kept separate from the personal affairs of its owner, or from any other business or organization. This means that the owner of a business should not place any personal assets on the business balance sheet. The balance sheet of the business must reflect the financial position of the business alone. Also, when transactions of the business are recorded, any personal expenditures of the owner are charged to the owner and are not allowed to affect the operating results of the business. Business entity convention The convention that holds that, for accounting purposes, the business and its owner(s) are treated as quite separate and distinct. The business entity concept provides that the accounting for a business or organization be kept separate from the personal affairs of its owner, or from any other business or organization. This means that the owner of a business should not place any personal assets on the business balance sheet. The balance sheet of the business must reflect the financial position of the business alone. Also, when transactions of the business are recorded, any personal expenditures of the owner are charged to the owner and are not allowed to affect the operating results of the business.


What could happen to a person found guilty of crime in the south after the thirteenth became law?

Their labor could be sold to a business owner


Is there a sample letter to notify customers of business owner's death?

If a business owner dies, the business could send out a formal letter notifying returning customers of the event. The letter should be short and to the point, and include what the plans for the business are.