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A Going Concern Sale Can Save A Deal
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Many business owners focus on the sale price when selling a business or commercial property, but one often-overlooked detail can have a significant impact on the deal: the Going Concern rules.
In this episode, Mai Harris and Lee Woodward explain what a Going Concern arrangement is, when it applies, and why getting it right can save buyers and sellers from unnecessary GST complications. From business sales to commercial property transactions, Mai breaks down the key requirements, common pitfalls, and the questions you should ask before signing a contract.
The discussion…
The skinny
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