Business Purchase and Sale

Early action is critical in the purchase or sale of a business. First, establish a thorough understanding of the issues pertinent to the business to be purchased to avoid surprises after the business is purchased. Second, provide the ground rules for the terms and conditions of a purchase of a business

Selling a Business for the best price requires a long term strategy to anticipate the needs of potential buyers and analyze the inherent strengths of the business. It is important to tailor a tax strategy to maximize your after tax return on the sale of the business by lowering the tax bite on the sale.

The Robison Law Firm performs the complex due diligence required in the purchase or sale of a business. Preparation and understanding all of the facts in a given transaction allow us to best serve our clients.

Our tax attorneys will determine the best asset allocation for selling a business.

• Are proceeds from the sale capital gains or ordinary income? Is the real estate, good will, inventory and other assets personal property or business property?
• In some cases, we may suggest deferring taxes through the use of a 1031 like-kind exchange.

As with all of our services, we work with and alongside our professional partners, typically other lawyers and accountants where the purchase and sale of business transaction may fall outside of their area of expertise.

To learn more about our services, please contact an attorney at The Robison Law Firm in Cincinnati, Ohio, today.