Business Purchase and Sale

The process of planning for and implementing the transfer of a business can take several years, so the time to start planning for the future of your business is now. Will you sell your business to a family member, to employees, or to an outside interest? If you are considering buying a business, you will want to have a valuation done to consider whether the purchase price is reasonable. You have to decide whether you will buy the shares of the company or the assets of the business, and what the tax implications are of each alternative.