We deal with a lot of owners that are buying or selling their businesses. As you can imagine there is a slew of questions that we get, but this is one that comes up often. We wanted to give you some insight into the assets that are included in an “asset sale”. Read more about this below.
Small, privately owned businesses are most often sold as asset sales as opposed to a stock or equity sales. The size of the business is relative depending upon the industry the business operates within according to the Small Business Administration (SBA). For a number of industries, under 500 employees are considered small. For others, it may be up to 1,500 employees.