This in turn can provide you with details needed to evaluate which type of sale would be most beneficial. Values are usually lower for stock sales because buyers must continue with existing and partly used depreciation schedules and they also must accept any existing liabilities which might exist for the corporation. These are funds that are available to a buyer to reduce debt. General accounting practices allow businesses to deduct non-cash expense items like depreciation because at some point equipment that is being depreciated will have to be replaced. Interest would be paid by either the buyer or the seller.
Every attempt is made by our offices to maintain confidentiality.
All prospective buyers must sign strict non-disclosure letters and we make every effort to communicate through secure phones, faxes and email. All that being said, there is still a chance that someone will overhear a conversation or see a letter or note not meant for their eyes. In most cases confidentiality is maintained, but leaks can happen. Without a doubt, the most important item should be to sit down with a professional and take an inventory of your situation with a sale in mind. An independent evaluation of your operations may well determine there are some important things you need to accomplish before putting your company on the market.