Five things to think about when selling your small business

Attorney and CPA Chad D. Cummings explains the five critical steps every LLC owner must take before selling a membership interest in this presentation. From reviewing the operating agreement for transfer restrictions, to choosing between a membership interest sale and an asset sale, cleaning up compliance issues before due diligence, evaluating the state of domicile and the benefits of redomestication, and obtaining a professional valuation, each decision affects the purchase price, tax consequences, and risk of post-closing disputes. This presentation walks through the practical, legal, and tax considerations that protect both sellers and buyers and help maximize value in an LLC transaction. Whether you are preparing to sell or considering acquiring an existing LLC, these steps reduce surprises and position the deal for success. Learn more: https://www.cummings.law