The Importance of Business Valuations

Up, Up and Away by Bob Jagendorf

“If business schools could offer just one course, it would not be on stock trading, the efficient market hypothesis or modern portfolio theory. Rather, B-schools should be encouraging students to learn the boring, but critically important, discipline of business valuation.” Warren Buffett I couldn’t go past this quote from Warren Buffet that so neatly points […]

How to Avoid Litigation

Warbird Crash by Armchair Aviator

Disputes rarely depend on the facts. They are often more about the personalities involved. That is why it is always a tough call to predict how they other party will act. Particularly, if there is a lot of fire in their belly. How that can translate into action is always uncertain. If the trading relationship […]

Dangers of Discounting

stopalicious2-by-carbon-nyc2 300

If you are thinking of joining Groupon or a similar discount program be wary. The sales pitch sounds good and the lure of new customers is understandable, but you must get the maths right. Many businesses have ended up on the rocks because they didn’t understand all the costs that went into the sale of […]

How to Save Money When Buying a Business

In the eye of a horse by Tambako the Jaguar

Buying a business is horse trading. As any good haggler knows, you need to go into the negotiations armed with reasons why the sale price should be lowered. Here are some tips that may help you to pay less to buy a business. Some of these tips are ways to justify your insistence on a […]

What is EBIT?

Old bikes by Todd Baker technowannabe

Earnings Before Interest and Tax or EBIT measures a company’s profitability. EBIT is simply all profits (before interest payments and income taxes are taken into account). Accountants like EBIT and consider it to be an important indicator. It measures profits and avoids distortions that result if companies use different capital structures or tax rates. That makes it […]

How to Convince an Investor


Knowing how to convince an investor is a crucial importance to any venture. The place to start is by considering the investor’s goals. You will never win over an investor unless you understand the offer from their perspective. If you are pitching to an investor it is crucial that you understand their concerns and what it will […]

Patent Protection Tips

Wood by Jjb@nalog

In Australia, any assignment of a patent by the holder/patentee or applicant for grant of patent must be in writing and signed by both: a) the assignor (the one transferring the right); and b) the assignee (the one receiving the right). If more than one person is recorded as the patentee, the written consent of […]

Benefits of Trade Mark Registration

Coot Nest 02.06.11 by nottsexminer

Registration of a trade mark gives protection that you will not get from registering a business name, company name or a domain name. When you register a business, company or domain name it does not give you an automatic right to use that name as a trade mark. Other people may have the right to […]

A Beginner’s Guide to Domain Name Issues

Acacia tree on the greenland by autan

Securing a good domain name starts with an understanding of the various domain name registries. Unless you are careful you may be robbed of a great name before you can secure it. The need for swift action is explained below. The four steps to securing a domain name are also set out below. Domain Name […]

Four Ways to Protect Your Trading Name

Blister in the sun by marfis75

There are four ways you can protect your trading name: 1. Trade Mark; 2. Company Name; and 3. Business Name; and 4. Domain name. A trade mark arguably offers the best protection, but each protective measure has its own uses and benefits. When deciding whether to take on the cost of domain name registration you […]