Tuesday, July 23 | 1:45 p.m. - 3:25 p.m. | Concurrent Session

Buying and Selling a Boring Business

2 CPE for CPA

Baby Boomers own 51% of small businesses. 58% of those business owners do not have a transition plan, leaving the details of how to sell or buy unknown to both parties. During this session, we will cover the key aspects of buying and selling a small, "boring" business.

Objectives
Upon completion of this session, you will be able to:

Outline valuation techniques and what factors you should consider to determine the purchase price
Identify impacts of the entity selections including a stock versus asset sale
Summarize the different financing structures including owner-financed, SBA loans and angel investing
Determine the impact of a down payment and if installment method reporting is available
Discover what it takes to build a good deal
Outline key tax reporting

CPE information
Duration: 100 minutes
Course level: Overview
Prerequisite: None
Advanced preparation: None
Delivery method: Group Live

Kelly Bender, EA

President at Total Business Solutions