fifteen points to consider.
by ed mendlowitz
the 卡塔尔世界杯常规比赛时间 practice doctor
clients who are deciding whether to buy or sell a business are just at the beginning of the process. there’s also determining the proper price, helping in the due diligence process, and structuring the price financially in terms of cash flow and tax considerations.
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this area involves a lot of tax and financial issues.
the client will need help in
- the sales process,
- mechanics of the sale,
- deciding to buy or sell,
- articulating their thoughts about why they are buying or selling,
- determining how much they want to pay for the business or sell the business for,
- getting started,
- assembling the team,
- preparing a “book” if they are selling,
- assembling and keeping track of a checklist of items needed or to be available for buyers,
- what would be bought or sold,
- valuing the business,
- structuring the transaction including the terms,
- assisting in the letter of intent,
- due diligence investigation and
- reviewing the contract and tax effect of the sale or purchase price allocation.
who needs this service
this service is for every client who wants to buy or sell a business, as well as their family or friends.
why the accountant is suited to offer these services
accountants are always advising clients in these areas. even if an accountant has no experience in assisting in the price and term negotiations, the accountant can certainly help in structuring the price for best tax advantage.
one response to “the tax effects of buying or selling a business”
frank stitely
great article – we are called upon to do this all of the time on both the buy and sell sides. it’s rewarding to help someone make a smooth exit into retirement.