Closely Held Businesses looking to negotiate a sale of their business will either do an Asset Sale or a Stock Sale.
Asset Sale
With an asset sale, the buyer is buying the assets of the business. These assets will be identified in the purchase and sale agreement. They may include accounts receivable, inventory and fixed assets including office furniture, machinery and vehicles. Additionally they may include intangible assets like customer lists, work force in place, goodwill and a non-compete agreement. Most buyers would prefer an asset sale as: more…






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