The initial issue to be negotiated in the purchase and sale of a business is whether the buyer will purchase the assets of the business or purchase the stock of the entity that owns and operates the business. Generally, it is advantageous to the seller to sell the stock of the entity that owns and operates the business. Conversely, it is usually to the advantage of the purchaser to buy the assets. In our experience, the vast majority of business sales involve the purchase and sale of the assets of the business.
Looking to expand your business by purchasing an existing business? Contact Norman Business Law Center and let our qualified and professional business attorneys assist you in the purchase. To see a full list of the business litigation services we offer, click here.