From the beginning, when buying a business, determine whether you’ll be purchasing the assets rather than the business itself. If the current owner is an LLC or corporation, offer to buy the assets related to the business, rather than shares of stock, and establish a new company as the official purchaser. By doing this, you will be treated more favorably at tax time, because...
Ask the Right Questions When Buying a Business
Posted by SmallBizDiamonds under ManagementFrom http://smallbizdiamonds.com 4229 days ago
Made Hot by: tallpoppy100K on September 23, 2012 5:34 pm
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