BUY & SELL BUSINESS

SELLING A PRIVATELY HELD BUSINESS

Privately held businesses are generally sold in one of two ways, either:

stock purchase, where the buyer purchases all or a majority of the seller’s stock to assume the seller’s position, including the seller’s liabilities and debts, making it the preferred method of sale for sellers

An asset purchase, where the buyer purchases some or all of the seller’s assets, like inventory, intellectual property or equipment, without acquiring the seller’s liabilities and debts, making it the preferred method of purchase for buyers.

CONSULT BUSINESS ATTORNEY AND FINANCIAL ADVISOR

Consulting a lawyer and a financial advisor can save you time and money with your:

  • Due diligence, negotiations, and deal structure
  • Drafting the Buy-Sell Agreement
  • Closing

As well as, minimize your legal and tax liability.

KINNEY FIRM HAS THE ANSWERS TO YOUR BUSINESS FORMATION QUESTIONS

Business registration attorneys and startup lawyers, assist businesses in selecting and registering their business entity. Check out our answers to your frequently asked questions below or contact Kinney Firm to see how we can assist you in launching your business.