Directory Image
This website uses cookies to improve user experience. By using our website you consent to all cookies in accordance with our Privacy Policy.

Unconventional Knowledge About Buying Or Selling A Business That You Can’t Learn From Books

Author: Adam Fleming
by Adam Fleming
Posted: Jul 12, 2019
buying selling

Buying or selling a business is not the same as doing the same with consumer items. It requires a lot of thought and insight, and having to answer many questions about the business. The impact the merger or acquisition transaction has on the end result should be examined very carefully and critically. For instance, both the value of the business and the ROI will get impacted differently based on the whether the manner in which the transaction is recorded: as an investment or as an expense.

This is just one of the many aspects that need careful consideration when buying or selling a business. Although a lot can be learnt from books, conventional and grassroots wisdom is handier when it comes to handling these issues of high magnitude. Depending on who you are in the deal, you should be ready to negotiate, to do which you have to possess very sharp bargaining skills. Not all of these are taught in books.

A webinar from Compliance4All, a leading provider of professional training for all the areas of regulatory compliance, will show what skills need to be honed when it comes to buying or selling a business. The expert at this webinar, which is being organized on July 18, is Bart Basi, a highly experienced financial expert and academic. Please join us for this lively and meaningful session, which could go a long way in deciding the success of your business purchase, by registering at Unconventional Knowledge

  • p>
Dr. Basi will explain the financial. legal and tax implications of buying or selling a business. He will describe what ramifications need to be considered when allocating the resources of the transaction. This is all the more necessary and important to understand, as US tax code requires the parties to agree on what is being sold and what is being purchased, and determines the taxes paid by the seller based on the allocation agreed between the parties. This is just one of the many aspects of a business merger or acquisition transaction, whose knowledge can go a long way in ensuring that the financial, legal and tax elements of buying or selling a business are considered and complied with.

Both the parties need to also be aware of the consequences of the transaction. These could vary very highly based on whether the transaction is structured as an asset, stock, or a redemption transaction.

Dr. Basi will present actual cases to help the participants of this webinar get an understanding of the concepts. He will also describe the various issues facing both the buyer and the seller and explain the specific options available to each in a transaction under different situations.

At this session, Dr. Basi will cover the following areas:

  • Asset Transactions
  • Stock Transactions
  • Stock Redemptions
  • Stock Redemption Attribution Rules
  • Overview of IRC section 1202
  • Opportunity Zone Investments
  • IRC section 338(h) (10) election
  • Tax-free Reorganization
  • IRC section 1031 Exchanges
  • Personal Goodwill
  • Buy/Sell Agreements
  • Trusts
  • p>
About the expert: Dr. Basi’s expertise spans almost all areas of finance, such as financial accounting, business succession, business valuation, mergers and acquisitions, retirement and estate planning, strategic planning, and tax aspects of business decisions for closely held and family businesses.

He speaks nationwide, writes, and researches on all of these areas. He has written five loose-leaf bound books, 14 workbooks and over 300 articles, and has worked with hundreds of businesses and associations.

Dr. Basi is the author of "The Tax Report", a bi-monthly report on income and estate tax matters for closely-held businesses, "Accounting and Taxes", a monthly column distributed to individuals and trade journals, and the "Tax Advisory", a monthly tax advisory for closely-held and family businesses.

More to continue

About the Author

Compliance4All is a professional trainings provider for the regulated industries. It offers professional trainings for regulatory compliance professionals and offers innovative strategic consulting and advice to a broad range of organizations.

Rate this Article
Leave a Comment
Author Thumbnail
Please or Join to add a comment.
Author: Adam Fleming

Adam Fleming

United States

Member since: Jul 14, 2017
Published articles: 79

Related Articles