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Glossary of terms used on this site

There are 73 entries in this glossary.
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A

Term Definition
Assets

Items that are owned by the business, they may include such items as plant and equipment, motor vehicles, intellectual property or customer listings. Family assets may include share portfolios, investment property or collectables including art.

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Testimonials

Sean says

We are in business with my parents and brother. Some land had been transferred to my brother and I and we asked Jim to prepare a immediate exit strategy in case one of us had or wanted to withdraw. We sought bank finance to improve the land. Jim was able to do that plus discover a error in how the land was transferred that the bank had missed. Since then my brother has left the state and he is being paid out exactly as we set up; no argument.