When contemplating the acquisition of a small business, the decision between purchasing stock or assets can significantly impact the transaction's outcomes.

When contemplating the acquisition of a small business, the decision between purchasing stock or assets can significantly impact the transaction's outcomes. Opting for stock purchases involves acquiring ownership of the entire entity, inheriting its liabilities and obligations, but also maintaining its operational continuity and established relationships. Conversely, asset purchases provide more control over specific assets and liabilities, allowing buyers to cherry-pick desirable elements while avoiding unwanted burdens. Understanding the nuances of each approach is crucial for making informed decisions tailored to the unique dynamics of the target business and the buyer's strategic objectives.

If you're thinking about buying a business and need legal representation, give us a call today at 253.858.5434 to make an appointment today. We represent clients throughout Washington and Idaho and are available to meet in person, by phone, or via video conference.