submitted by Martin H. Abo, CPA/ABV/CVA/CFF, Abo and Company, LLC
So much for succession planning! There are just some times when everyone will benefit by ceasing family ownership. Business owners who decide to sell their business can structure the transaction to be an asset sale or a stock sale. In the former, the buyer purchases the business assets outright for cash (less liabilities assumed), debt, stock or a combination of these.