Fisher Stone has been with our company since day one. Whether it’s company formation, fundraising, partnership agreements, board agreements, buying a business, or any other situation that has arisen, Fisher Stone has been there to help us navigate accordingly. They are truly a partner for our organization.
Super helpful and nice on the phone. All around everyone in the office was nice and professional.
Courtney On Cue
Frequently Asked Questions
If you are looking to buy or sell a business and have questions, please look through these FAQs. You should also schedule a strategy session with one of our attorneys to ensure you understand the entire process.
Do I need to form a company in an asset sale?Zachary Hanby2021-03-04T10:58:41-05:00
If you don’t already have a business entity that is purchasing the assets in an asset sale, we highly recommend that you do. Having a business entity separates the assets you acquire from your personal assets.
Depending on whether you chose an asset sale or stock sale, you may need to apply for new licenses, amend existing licenses, or transfer the licenses. This varies case by case and is a great example of why you need a diligent business attorney or your side.
What assets are included in the sale?Zachary Hanby2021-03-04T10:57:48-05:00
This is for the buyer and seller to determine. In a stock sale, the entirety of the business and its assets are included in the sale. In an asset sale, certain assets can be excluded or omitted at the buyer’s or seller’s request.
How long does an asset sale or stock sale take?Zachary Hanby2021-03-04T10:57:24-05:00