How to buy a corporation

How to buy a corporation - Although different types of arrangements exist, the two typical options are to buy the business entity by purchasing all the corporation's shares or all the limited liability company's membership interest, or by arranging to buy the business' assets. You purchase a business entity, you'll be given a piece of paper: either a stock certificate for all the stock in a corporation or a bill of sale for the membership of an llc. On the plus side, asset acquisition protects you from unwanted legal liabilities since instead of buying the corporation (and all its legal risks), you are buying only its assets. If the company is a corporation, check to see what state it's registered in and whether it's operating as a foreign corporation within its own state.

How To Buy A Business With No Money - Dan Lok

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