Hey everyone, Florida Attorney Ryan S. Shipp here! Thinking about buying or selling a business in Florida? You have two main options: an asset sale or a stock sale.
Asset Sale
In an asset sale, the buyer purchases specific assets—like equipment, inventory, and customer lists—while the seller usually keeps the liabilities. This gives buyers more flexibility but may require transferring contracts and licenses.
Stock Sale
A stock sale, on the other hand, means buying the company’s ownership shares, so the buyer takes everything—assets, liabilities, and legal obligations—without needing to reassign contracts.
Asset sales are common for small businesses, while stock sales work better for corporations with existing contracts. Need guidance? Give Law Office of Ryan S. Shipp, PLLC a call today @ 561.699.0399. We are located in Lantana, Florida. We serve all of Florida’s 67 Counties.
