Appellate Practice Attorney serving New York, NY
I admire your optimism, and I hope that your prediction that your business will produce over $200,000 of annual income in a few years comes true. Whether your business is an S or a C corporation,you can sell it through an asset sale or a stock sale, whichever structure works better. Often the buyer prefers an asset sale where the corporation has significant obligations, as the new owner doesn;t want to be responsible for those obligations.
Answered on Dec 23rd, 2019 at 1:46 PM