Share Sale vs Asset Sale: What Every Practitioner Should Know

Many business owners say they want to “sell their business” without realising there are two very different ways to do it. A share sale means the whole company changes hands, while an asset sale means only the equipment, stock, or contracts are sold. The choice affects tax, risks, and even how the financial records look afterwards. Knowing the difference is vital, and it’s where your guidance as a Chartered Business Accountant in Practice adds real value.