by Lisa Wills | Oct 20, 2015 | Business Contracts, Business Law, Business Owner, Business purchase, Business sale, Corporations, exit strategy, selling a business
You have Buyer —— What Happens Next? You have a Buyer to purchase your business and the terms of the purchase are in a written Purchase Sale Agreement. The Escrow For the sale of your business to be completed, escrow should be opened at a reputable escrow...
by Lisa Wills | Oct 2, 2015 | Business Contracts, Business Law, Business Owner, Business purchase, Business sale, exit strategy, selling a business, succession plan
Finding a Buyer for the Business When you have prepared your business for sale (see blog entry “Selling a Business, Part 1”), the next step is to find potential buyers for the business. Options include listing the business for sale with a business broker. There are...
by Lisa Wills | Sep 30, 2015 | Business Contracts, Business Law, Business Owner, Business sale, Corporations, selling a business, succession plan
You have worked to build up your business and to become successful. Now you have decided to sell your business. What steps are necessary for a successful and smooth sale to the new owner? Preparing to Sell a Business A business may be sold by listing the company for...
by Lisa Wills | Aug 28, 2015 | Business Law, Business Owner, Corporations, exit strategy, succession plan
It is a very exciting process to have an idea, create a business using the idea and watch the business flourish through the years. For small and medium-size businesses, where the business owners are intimately involved in the business, it is crucial to have plan for...
by Lisa Wills, Law Offices of Lisa D. Wills | Aug 20, 2015 | Business Contracts, Business Law, Business Owner, Construction, Contractors, Contracts, Corporations, hire an attorney, Lease Agreement, Property Owners, Real Estate, real estate contracts and documents
Many people are concerned about talking to an attorney because they fear the cost. Yes, an attorney costs money. However, there are times when spending to get advice before there is a problem is a lot less expensive than having to hire an attorney when you have a...
by Lisa Wills, Law Offices of Lisa D. Wills | Aug 6, 2015 | Business Contracts, Business Law, Business Owner, Business purchase, Franchise
As discussed in Part 1 of this blog, if you are considering purchasing a franchise it is crucial that you understand the upside as well as the downside of a franchise purchase. The good thing about purchasing a franchise is that you have your own business but are not...