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what do i need to keep in mind when selling a corporate owned business?

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Answers (3)
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FMI Inc.
NV

The easiest path to selling is an asset sale. This allows a buyer to avoid even the thought of unforseen past problems a business had. Buying stock of a company means the buyer buys unforseen debts, warranties, and legal problems.
For the seller, an expert accountant can structure the sale for the least taxes. The allocation of purchase price between hard assets and good will is the key issue.

May 5, 2009
Aron Culver
BTI Group / Business Team
CA

There will be a big difference between selling a C Corp or an S Corp, if the sale is in the form of an asset sale rather than a stock sale. Either entity or either sale type will require you to meet with both a competent business broker and your accountant, together, to strategize your exit and a sale that will ensure you maximize overall value, limit your liabilities along the way and keep as many dollars in your pocket, post taxes, at the end of the day.

May 4, 2009
Steven St
World Business Partners, Inc
Los Angeles County, CA

If you're the Seller there are some tax ramifications that you need to be aware of before selling your business. You should talk to a competent tax accountant or tax attorney about the benefits and disadvantages of selling your corporation.

May 1, 2009

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