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 […]