Q&A

Question: I have sold my online business, is my website and code an asset that I can also sell?

Answer:

Yes, your website and the intellectual property within it can be an asset. You should ensure that the intellectual property in the website has been assigned to your business so that you are entitled to sell it. You should also ensure that you have trademarked your logo and name so that this can also be easily quantified and transferred as an asset.

Edith Moss

Answered by Edith Moss

Edith is a lawyer at LegalVision. She currently practises in the Employment Law team which includes drafting business terms and conditions, employment and contractors agreements and providing advice on employment matters. In her past work experience, Edith worked for some of Australia's leading visual art and design organisations.

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