Page 2 of 2 FirstFirst 12
Results 11 to 13 of 13

Thread: Buying a small business

  1. #11
    Full Member Rebel's Avatar
    Join Date
    Oct 2007
    Location
    Ruimsig Gauteng
    Posts
    55
    Thanks
    2
    Thanked 9 Times in 9 Posts
    Quote Originally Posted by Dave A View Post
    Probably not.
    Please note that the CPA (consumer protection act) states that you in future must trade under your full names and ID no if you are a sole prop - no more "trading as" names UNLESS you register your trading name. TIP register your trading name as a defensive name before someone else grabs it and your goodwill in that name is loss

  2. Thanks given for this post:

    AmithS (10-Apr-12)

  3. #12
    Junior Member
    Join Date
    Apr 2012
    Location
    Surrey
    Posts
    23
    Thanks
    0
    Thanked 0 Times in 0 Posts
    If you buy the property and the whole rights of it then what ever way the money comes for the property then its belong as a your money.

  4. #13
    New Member
    Join Date
    Aug 2012
    Location
    Carl Cronje Dr., Bellville
    Posts
    5
    Thanks
    0
    Thanked 0 Times in 0 Posts
    You can buy it as a going concern but I will never take over their CC because then you can be held responsible for outstanding taxes etc. A good auditer to give you advice will be helpfull.

Page 2 of 2 FirstFirst 12

Similar Threads

  1. buying a business or investments
    By obinwanne in forum General Business Forum
    Replies: 4
    Last Post: 03-Nov-12, 07:19 AM
  2. VAT liability for the business I am buying
    By rhiralal in forum Tax Forum
    Replies: 1
    Last Post: 27-Oct-11, 02:28 PM
  3. Small business help
    By Major in forum Tax Forum
    Replies: 5
    Last Post: 21-Aug-11, 12:39 AM
  4. [Question] Tax on Small Business
    By Ant15 in forum Tax Forum
    Replies: 3
    Last Post: 13-Jun-11, 11:15 AM
  5. Buying a business
    By TedP in forum General Business Forum
    Replies: 12
    Last Post: 15-Oct-10, 12:08 PM

Did you like this article? Share it with your favourite social network.

Did you like this article? Share it with your favourite social network.

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •