The Lowdown

Business tips for SMEs: This week: selling your business as a going concern

Cormac Fitzgerald, president, CPA IrelandFennells

During the boom years, it was generally assumed that companies would continue trading. Now, however, things have changed and for many companies there is some doubt as to whether they will be viable going forward.

These doubts may arise due to trading issues, bank funding difficulties or other issues. Whether or not a company can be considered as a going concern relates to whether or not a company is expected to be in ...