Taxes after selling a business
Colleen Stewart, Venice, Calif.
I recently sold my business. Do I have to pay taxes on the money I made from the sale?
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DiggMy company needs funding
Craig Hampton, Verdugo City, Calif.
I developed an award-winning product that has buyers lined up. Due to a lack of funding, I have to put our company and patent up for sale. It took 12 years and all my savings to bring this to market. I do not want to sell. Do you have any advice? Read more…
Buying out your partner
William, Denver, Colo.
This question is a follow-up to “Who gets the name in a business custody battle?”
What happens when the majority shareholder wants to franchise the business, but the minority partner is against it? The minority partner is not willing to expand with her current partner. Instead, she’d like to go it alone. Does this trigger a buyout? Is that the best and only solution? Read more…
Purchasing an established corporation
DH, Wauna, Wash.
Instead of going through all the hassles of starting a new corporation (S-Corp, LLC, etc.) what is the recommendation for pursuing a dormant corporation? If I were able to verify that the current status of said company is in good standing, then what would be the recommendation? Read more…
Selling out and shutting down
Should a buyer pay more for a building if selling it would mark the end of the owner’s business?
Michael, Salem, Ore.
Dear FSB: My parents have a small business and own the building in which it operates. The person next door would like to expand by buying my parents’ building, and keeps asking them for a price at which they would sell. My Dad would like to retire if they sold it, and would lose the income from the business. Two questions: Should the person pay a premium because he needs the building to expand? (Supply and demand, right?) And second, should the value of the business itself be added to the asking price, since he would be putting my Dad out of business?
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What is my business worth?
Reader Claire wants to sell her piano school. Do you have any advice for Claire? Share it here.
Sell your business for the highest price
Sylvie is selling her retail business. How can she ensure she gets the highest price possible when selling? Should she use a broker?
Options for selling your business loan
Dean is deciding whether to sell his business loan. What do you think he should do?
Tips for selling a franchise territory
Mary Sue wants to resell her Coney Beach franchise territory. Do you have tips for how Mary Sue can successfully sell her territory?
How to sell a million-dollar business
Mark is seeking advice about selling his business. Have you been successful in selling a small business? Tell us about it.
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