Acquiring a Company: Pros and Cons
Questioner
My husband and I have had a partnership for 15 years. My sister wants to transfer her sole proprietorship completely to me. I want to take her place completely. Are there any pros and cons if I take over her business?Lawyer
In general, it is wise to record in writing everything with legal and financial consequences, including any risks and liabilities that may be expected in the future from what your sister has supplied to her customers.Take the next step
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