Practice & Commentary
THINGS TO CONSIDER WHEN SELLING YOUR BUSINESS
When selling a business, there are several important things to consider: Timing: The timing of the sale can have a significant impact on the value of the business. It’s important to consider factors such as economic conditions, industry trends, and the performance of the business itself when determining the best time to sell. Valuation: It’s important to have a clear understanding of the value of the business, as this will determine the price at which […]
WHY YOU MAY CONSIDER SELLING YOUR BUSINESS: 10 COMMON REASONS
Considering the Sale of Your Business: Exploring 10 Common Motivations Owning a business is a journey marked by dedication and emotional investment. However, there comes a juncture in the entrepreneurial path when the prospect of selling one’s business demands contemplation. This critical decision is often spurred by a confluence of factors, including personal aspirations, market dynamics, and growth prospects. In this article, we delve into ten common motivations that impel business owners to consider parting […]
Doing Business In Lagos
INTRODUCTION Lagos, the commercial capital of Nigeria, is a bustling metropolis that has long been a hub for trade and commerce in West Africa. With a population of over 21 million people, Lagos is one of the largest cities on the African continent, and it is home to a diverse and vibrant business community. In recent years, Lagos has become an increasingly attractive destination for foreign investors and entrepreneurs looking to tap into the vast […]
CROSS BORDER LETTERS OF ADMINISTRATION AND GRANT OF PROBATE (INTERNATIONAL ASSET HOLDERS GUIDE)
Letters of Administration is the document that is issued by the Probate court or in some jurisdictions the Probate Registry. It gives the person named in the document the legal right to administer the estate of the person who dies without leaving a Will. It allows the person named, the legal authority to deal with and administer the deceased assets moveable and immoveable, which includes but is not limited to the deceased houses, lands, shares, […]
Barristers and Solicitors in Different Jurisdictions
Introduction Legal practice varies significantly across jurisdictions, with some countries operating a fused legal system, where lawyers function as both barristers and solicitors, and others maintaining a split profession, where the roles are distinct. This article compares the legal profession in Nigeria, the United Kingdom, the United States, Canada, and Australia, analyzing the similarities and differences in how barristers and solicitors operate. Nigeria: A Fused Legal System Nigeria operates a fused legal profession, meaning that […]