In this episode, we sit down with Dave Lathan, a senior Tauranga accountant, to discuss the key reasons to grow your business and why buying a business may offer more advantages than buying and selling property. Dave shares valuable insights into the art of buying and selling businesses, including the tax benefits that come with selling a business and the importance of avoiding the terminology "flipping businesses" as you fail the 'Intentions Test' making the sale liable to tax. Are you considering whether to buy a business or property? Tune in to learn from an expert and make an informed decision! Don't forget to like, comment, and subscribe for more expert advice on business and financial strategies.
Learn More at Squid Group: https://www.squidgroup.co.nz/marketing-insights/flipping-business-or-buying-property-in-new-zealand
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