Asset Sale vs. Stock Sale: Why an Asset Sale Listing Means Something Else
Learn the difference between a stock sale, a legal asset purchase, and an asset sale listing, including valuation, due diligence, financing, and broker considerations.
Practical guidance for buying, valuing, financing, and operating small businesses.
Learn the difference between a stock sale, a legal asset purchase, and an asset sale listing, including valuation, due diligence, financing, and broker considerations.
Learn how basis, improvements, depreciation recapture, asset allocation, and deal structure affect tax on a $700,000 business sale.
A practical, risk-based framework for reviewing a small business before you buy—without turning diligence into an endless search for perfect information. Updated August 28, 2026 · 12-minute read · For U.S. small-business buyers Quick answerA reasonable due diligence scope is broad enough to verify earnings, ownership, liabilities, key relationships, and the business’s ability to operate…
A practical guide to when legal counsel adds value, what the lawyer reviews, and which decisions still belong to the buyer. Updated August 28, 2026 · 10-minute read · U.S. small-business acquisitions Quick answerA business acquisition attorney turns the commercial deal into enforceable documents, identifies legal and transfer risks, coordinates approvals and closing, and helps…
How buyers, brokers, and lenders use two different earnings measures—and why neither should be accepted without a careful reconciliation. Updated August 28, 2026 · 11-minute read Quick answerSDE is generally most useful for owner-operated small businesses because it adds one owner’s compensation and discretionary benefits back to earnings. EBITDA is generally more useful when the…
A buyer-focused method for estimating the cash cushion needed to operate a newly acquired business without starving it on day one. Updated August 28, 2026 · 10-minute read Quick answerKeep enough working capital to cover the largest realistic cash deficit during the first 12 months after closing, plus a contingency reserve. For many stable small…
Compare startup costs, cash-flow timing, financing, control, and due diligence before deciding whether to start a business or buy an existing one.