Few events in business life rival the challenge and reward of buying or selling a business. Following are some practical observations about the legal landscape that every businessperson should know before venturing, as either buyer or seller, into this exciting, but often unfamiliar, territory. Below is one of the first things that every businessperson should know: 1. First, Run the Numbers. Speaking of taxes, because the tax bites of the two different structures vary widely -- an asset sale by a C corporation with its potential “double tax” ... Read More »