by cre8admuser | Nov 14, 2018 | Business Law, Business purchase
Buying or Selling a Business? You Need a Lawyer! It’s not uncommon for small businesses to sell to larger organizations once they grow their reputation. In fact, 9,919 small businesses sold to new owners and operators in 2017 alone. Though sales happen every...
by cre8admuser | Jan 31, 2018 | Business agreements, Business Law, Business Owner, Business purchase
Creating a Successful Business Interest Buyout If a partnership, limited liability company or corporation has significant assets, it could be in your best interest to buy the entire interest of a departing business partner/member/shareholder through a properly...
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, 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...
by Lisa Wills, Law Offices of Lisa D. Wills | Aug 6, 2015 | Business Contracts, Business Law, Business Owner, Business purchase, Franchise
Before you purchase a franchise it is important to understand the general advantages and disadvantages of this type of business model. Advantages to the Franchisee When a franchise is purchased, the Franchisee has an opportunity to own a business with an established...