kincellathat's the "trap" of small cash businesses (although I...

  1. 2,572 Posts.
    kincella

    that's the "trap" of small cash businesses (although I wouln't call a newsagency a cash business because EVERYTHING that is sold is bought in [no value added to be not declared], so there is a paper trail)
    the trap is that u can't have your cake & eat it too . . . . . keep cash off the books & then the resale value of the biz is undervalued --- unless you can find a mug to believe what u say is the "cash take" & by extension, why would a potential buyer believe a self confessed cheat & lier !!!
 
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