The COVID-19 pandemic has put unprecedented stress on private business owners. Some are now considering selling their businesses. Before putting your business on the market, it’s important to prepare it for sale. Here are six steps to consider. 1. Clean up the financials Buyers are most interested in an acquisition target’s core competencies, and they
selling a business Archives - Crawford Ellenbogen
Dec 8, 2021
Apr 30, 2019
Understanding how taxes factor into an M&A transaction
- By Ellenbogen
- Business, Taxes
- 0 Comments
If your company is merging with or acquiring another business, it’s important to understand how the transaction will be taxed. For tax purposes, a transaction can basically be structured in two ways: stock (or ownership interest) or assets. For tax and nontax reasons, buyers usually prefer to purchase assets, while sellers generally prefer stock sales.