When it comes to selling a UK business, there are two main ways to do it: a share sale or a business sale. While both options can result in the sale of the same limited company, there are some critical differences between the two that UK business owners should be aware of before making a decision. This article will explore the key differences between share sales and business sales in the UK so you are fully aware of the advantages and disadvantages of each. <\/p>\n\n\n\n
In a share sale, the business owner sells their shares<\/a> in the company to the buyer.<\/p>\n\n\n\n Consequently, the buyer becomes the company’s new owner and takes on all its assets, liabilities and obligations. Essentially, the buyer steps into the seller’s shoes and takes over the company.<\/p>\n\n\n\n In a business sale, the owner sells the company’s assets to the buyer. This includes: <\/p>\n\n\n\n The buyer does not take on the company\u2019s liabilities or obligations, and the business owner retains ownership until the sale completion.<\/p>\n\n\n\n Let us explore the main differences between share sales and business sales below.<\/p>\n\n\n\n\n\n Continue reading this article below the form\n <\/i>\n<\/a>\nWhat is a Business Sale?<\/h2>\n\n\n\n
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