Roger Royse, M&A attorney and tax specialist, discusses the sensitive issue of taxes and the implications of selling a closely held company with few shareholders. He presents a definition of a closely held company and discusses differences this sort of company presents in an M&A transaction, some issues around employees, and the “phantom plan.” He also addresses the importance of considering taxes when forming a company and looking ahead to the tax implications when it comes time to exit the company.

View the complete show notes for this episode.

Learn More:

• Selling Your Business? Hire an Attorney to Increase the Bottom Line
• Allocation of Purchase Price & Taxes When Selling a Business
• M&A Basics | Asset vs. Stock Sale
• How Does Entity Type Affect the Sale of My Business?
• Informing & Retaining Employees When Selling a Business

Additional Resources:

• Get your copy now of A Beginner’s Guide to Business Valuation | The Art of the Exit | The Exit Strategy Handbook | Closing the Deal | Acquired
• Are you selling a business? Schedule a free consultation now.