SELLING A BUSINESS – THE LEGAL ISSUES
Are you thinking of selling your business? Beyond determining an acceptable selling price, there are quite a few legal issues that need to be considered.
The first issue that you should consider is whether to sell the assets of the business (both tangible and intangible) or the shares of the corporation (if incorporated) that operates the business. For the purposes of this article, I will assume that the business being sold is incorporated. Each of these approaches has certain advantages and disadvantages for the seller: . . . . .
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