Sale and Purchase Agreement: Comprehensive Guide for Small Business Owners (2025)
Sale and Purchase Agreements – Key Takeaways Every purchase agreement must include six core components: parties, price, assets, closing terms, warranties, and contingencies Due diligence before signing is your only chance to verify everything. Once signed, the agreement controls your rights Tax implications can significantly impact deal economics. Structure the transaction with tax […]
Asset Purchase Agreement: Complete Guide for Small Business Owners (2025)
Key Takeaways ✅ Asset purchases let you acquire business value while avoiding most historical liabilities—but certain obligations like environmental and wage claims may still transfer ✅ Success requires detailed asset schedules and explicit liability exclusions—vague language is your enemy ✅ Due diligence must cover both assets you’re acquiring AND liabilities you’re avoiding—surprises are expensive ✅ Purchase price allocation affects […]