Lawyers and Accountants advising on the purchase of a newsagency have a responsibility to ensure that the advice they provide is accurate. It is frustrating hearing one or the other make a statement that is not based in fact.
One accountant recently told a prospective newsagency purchaser that it may not be a good business to buy because News Corp. is taking control of all the newspaper home delivery runs.
This is not true. Newsagents can hand their newspaper home delivery runs if they wish but it would be their choice.
The T2020 project trialled more than a year ago in South East Queensland to facilitate newspaper home delivery territory consolidation did not proceed as trialled.