What is an Asset Sale?

hcl home page update top 419x341 - What is an Asset Sale?

An Asset sale is where the buyer acquires the assets that make up the business of the seller (which may be a company).

Assets may include:

-Goodwill

-Property

-Equipment

-Stock

-the benefit of contracts like an NHS Contract

-Intellectual Property; Like the web site and any brand

This may be a preferable way for a buyer to proceed as he/she can avoid liability that attaches personally to the seller like tax!

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