Selling your business or your company – what’s the difference?
When first speaking to company owners who are thinking of selling up, I am often surprised by how many of them have not thought about the many differences between a company sale (ie selling the shares in a company) and a business sale (ie a company selling its business and assets as a going concern). And even when speaking to quite savvy business owners or accountants and other professional advisors I am often surprised at how they have not appreciated some of the differences between these two types of deals.
So, in this series of Guides, I am going to explain lots of ways in which company sales and business sales are different, which you should ideally be aware of if you are a business owner who might ever want to sell (or buy) a business (or a company…).
Company sale pitfalls: not getting paid – getting shares in the buyer instead of cash
A few things to think about if you are offered shares in the buyer as part of the price for selling your company
8 pitfalls business owners looking to sell their company should avoid. An OnHand Counsel Introductory Guide
This Introductory Guide will help business owners who want to sell their business to anticipate and navigate 8 common pitfalls
8 pitfalls business owners looking to sell their company should avoid
This Guide will help business owners who want to sell their business to anticipate and navigate 8 common pitfalls
Company sale pitfalls: marketing your company for sale
Here are a number of tips on how to go about marketing your company for sale to get the best possible deal
Company sale pitfalls: Failing to plan for an exit
Thinking of selling your company one day? The importance of having clear objectives and exit plans.
Company sale pitfalls: Not getting paid – the deferred payment
How can you reduce the risks or protect yourself if any of the purchase price on a share sale is to be deferred, whether on the pretext of an earn-out deal or not?
Heads of Terms – FAQs
July 2021
This Guide focuses on Heads of Terms as used for acquisitions (buying company shares or buying business assets as a going concern).