Whether you are looking to buy a growing business or want to sell your own, Redmond Law will look after your interests and protect you and your business from exposure and liability, while answering any questions you may have along the way. We provide comprehensive negotiation, advising, and contract services when buying or selling a business.
The structure of the purchase or sale will depend on the type of business you own, the size of that business, the business’s location, and the nature of the business. We ensure that the purchase and sale arrangement is properly structured by analyzing each clause and provision carefully to ensure it is correctly worded and addresses the needs and ultimate goals of our client.
When purchasing a business there are many considerations that cannot be taken for granted and our firm is effective in asking the right questions to give you peace of mind in your decision making process.
Questions to consider when purchasing a business are:
•Are there any liens or suits pending against the business?
•Is there a non-compete covenant?
•Are there any trademarks included in the sale?
•What is the value of the business?
•What are the debts and liabilities of the company?
•What debts are you assuming?
•Are there back taxes due?
•Are the existing contract and equipment leases being assigned?
•Are the employment agreements being assigned?
Our firm will guide you in answering all questions when buying and selling a business. We understand that protecting your business is extremely important and are here to help you every step of the way. Our firm provides corporate and business law legal services including incorporation, trademark and copyright, general business and financial counsel.