Sale of shares in Canada. Seller’s perspective
Автор: Evgene Jakubov
Загружено: 2022-04-26
Просмотров: 1529
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When deciding to sell your business, every business owner will face two options – to sell the shares of the corporation or to sell its assets. The nature of two transactions is very different and creates certain conflict of interests between a seller and a buyer with the buyer being interested in purchasing the assets and the seller preferring the shares.
In this short interview to BizNexus, a social platform for business owners planning for a future exit, I will review the main considerations that a business owner should consider when selling the shares of the corporation.
As always, a proper agreement is absolutely necessary to complete a transaction and make sure that there will be no unpleasant surprises. The agreement must define the nature of a transaction, provide protection to the sellers from future liabilities and indemnify each party to a transaction from the consequences of their actions before and after the transaction.
For those interested in more information and who would like to search for existing opportunities to sell or buy a business, BizNexus is the place to start. BizNexus simplifies and optimizes the transaction both when buying or selling a business. The platform has over 7k live acquisition opportunities & matches buyers, sellers & intermediaries based on boatloads of data.
Get in touch:
https://biznexus.com
855-949-6969
Our website - https://cbes.ca/
Facebook - / canadianbiz
LinkedIn - / cbes
All information provided in this video is for informational and reference purpose only. Nothing contained herein shall be considered as a legal advice or instructions to be acted upon. CBES – Canadian Business and Enterprise Services does not offer legal advice online or on its YouTube channel. Please consult a professional before you act in reliance on the information contained in our videos.
#sellbusinessincanada #saleofsharesincanada
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