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Selling A Small Business And Tax Considerations: What Sellers Need To Know

Selling A Small Business And Tax Considerations: What Sellers Need To Know

When selling a business, the purchase price is determined by the separate values of the various assets and liabilities acquired from the transaction. What does this mean? In a nutshell, this means that when you negotiate a sale price for a business, you and the buyer must agree as to what portion of the purchase price applies to each individual asset, and to intangible assets such as goodwill.

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Due Diligence

Due Diligence

Due diligence is the process where the buyer has an unveiled look at the business you’re selling to investigate it from the inside so that they can make an objective decision about your business, and make a buying decision or not.

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