Navigating Employee Transitions During Business Sales
We guide Idaho owners through staff transitions with clarity and care. For many sellers, concerns about the team surface early. These people helped build the company and often feel like part of your identity. Arthur Berry & Company has advised Idaho owners on the employee side of ownership transfers for over four decades. In most […]
Tax-Free Reorganizations: A Roadmap for Smooth Business Sales
Tax-Free Reorganizations: A Roadmap for Smooth Business Sales Quick Answer A tax-free reorganization under IRC Section 368 lets founders exchange their business equity for acquiring company stock and defer federal income tax on the gain until they later sell that stock, preserving significant equity value compared to a taxable cash sale. The structure requires continuity […]
Seller Notes in Business Sales: When They Make Sense
Seller Notes in Business Sales: When They Make Sense Quick Answer A seller note is a promissory note where a business owner accepts a portion of the purchase price as scheduled debt payments rather than cash at closing, typically representing around 21% of the sale price in technology deals. They work best when a buyer […]
What Non-Compete Clauses Are Enforceable in Business Deals?
What Non-Compete Clauses Are Enforceable in Business Deals? Quick Answer Non-compete clauses in business deals are enforceable when they protect a legitimate business interest, are reasonable in scope and duration, and are tied to the purchase price or consideration. Courts typically uphold restrictions that limit geographic area and time period to what’s necessary to protect […]