Britton Law, P.A.
Free Consultation For Injury Cases
Due to precautions related to COVID-19, remote consultations via teleconferencing, Facetime or Skype are available. Please contact our office to discuss if this option is appropriate for your situation. Let’s all stay healthy and safe.

How to complete the sale of a business

Business owners in North Carolina and elsewhere may not want to hold their companies for much longer. A change in economic conditions could significantly impact an owner's ability to get top dollar for his or her company. To begin the sales process, it is a good idea to perform a valuation and create a reasonable price range for the company. This may be done by looking at recent sales and other relevant information.

The next step is to evaluate how taxes will impact the sale. It may be a good idea to consult with both tax and estate planning attorneys to create the most efficient structure for the sale that provides tax efficiency to the buyer as well. To get the most for the company, audited financial statements should be made available to buyers.

One of the most important metrics may be the adjusted earnings before interest, taxes and depreciation (EBITDA). This is generally what buyers look at when determining the true value of a business. Finally, business owners should surround themselves with the right people to close the sale in a timely manner while getting maximum value. In addition to a corporate attorney, it may be a good idea to have a transaction advisor help facilitate the sale.

There may be many variables to consider when completing business transactions. It may take a team of attorneys and other advisors to complete the deal in a timely and proper manner. Doing so may allow a business owner to get proper value for the company as well as avoid paying too much in taxes. It also may make it possible to create a realistic valuation that may result in many buyers expressing interest.

No Comments

Leave a comment
Comment Information

Send Us An Email. We’ll Listen.

Bold labels are required.

Contact Information

The use of the Internet or this form for communication with the firm or any individual member of the firm does not establish an attorney-client relationship. Confidential or time-sensitive information should not be sent through this form.


Privacy Policy

Britton Law, P.A.
2850 Village Drive, Suite 206
Fayetteville, NC 28304

Toll Free: 888-811-9738
Phone: 910-401-3356
Fayetteville Law Office Map

Britton Law, P.A. Office

Call Our Law Firm:

910-401-3356 ~or~ 888-811-9738
How to complete the sale of a business | Britton Law, P.A.