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 Reorganization Roadmap for Founder Sales Under IRC Section 368 Quick Answer A tax-free reorganization under IRC Section 368 lets founders swap stock in their company for stock in the acquirer and defer federal income tax on the gain until they later sell the rollover shares. The seven qualifying structures each carry their own 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 […]