Knowledgeable Guidance For Buying Or Selling A Business
Buying or selling a small business can be one of the most important decisions you will make. Financing, looking for buyers or sellers and determining the value of a business are all tasks that are part of an elaborate and complex process. Having a lawyer at your side who knows business law is imperative.
The skilled business lawyers at The Angell Law Firm, P.C., work to make sure your decision is sound, and the agreement is detailed and accurate. With a combined total of more than 20 years of experience, we offer guidance that helps you with a successful business transaction.
Legal Considerations For Buyers
Purchasing a business that is already up and running is easier than building a company from scratch. You will be privy to sales and operation information, have employees in place, and most likely, have a predetermined lease.
It is an exciting time, but also an anxious time with many legal documents to review with legal jargon you may not understand. Securing a business-savvy attorney to perform the due diligence your need for your agreement can offer you peace-of-mind that all documents have been reviewed.
Our experienced small business law attorneys help purchasers review records, including:
- Financial records
- Balance sheets
- Accounts payable and receivable
- Cash flow statements
- Leases
- Employee contracts
- Any past lawsuits
Before you sign anything, speak with us about reviewing the written sales agreement. Purchasing a business is a document-intensive process; let us help you navigate through the legalese.
Strategic Counsel For Selling A Business
A successful business is determined by relationships, solid ownership and loyal employees, while a flawed business can have a negative effect on everyone involved, not to mention your financial future. Ensure your sales agreement is sound by having a counselor at our Lafayette business law firm review it.
A solid sales agreement should include:
- Purchase price
- Payment terms
- Name of business, buyer and seller
- Assets and inventory being sold
- Closing date
- Local, state and federal regulation compliance
Our firm in California has helped clients sell their small businesses for top dollars. Contact us today to discuss your plans and discover the benefit of having assistance from an experienced attorney.
Ready To Buy Or Sell? We Can Help.
Getting into or out of a business is one of the largest financial transactions you will ever have in life. Please speak with one of our approachable counselors to discuss and review the documentation first. Call our Lafayette office at 925-951-0796 to schedule a low-cost consultation or send us this email request.