Buying a Business
Larsen Law Offices, LLC assists both companies and individuals in reaching their business goals. Whether your concern is a one-time occurrence, or an on-going matter, an experienced attorney from Larsen Law can assist you with your legal needs.
Buying a Business
For some, buying a business may be preferable to starting a new business from the ground up. In other instances, after building a business up, the owner may want to sell it to be free to create another. Under any circumstance, it is important for both the buyer and the seller to carefully review the business and its assets, liabilities, and revenue streams prior to completing the sale. Larsen Law™ can assist buyers and sellers with all aspects of buying a business, including all ancillary matters, pertaining to the purchase or sale.
If you’re planning to buy a business, you have many factors and risks to consider. Owning a business can mean that you have signed on for longer hours and more worries than you’ve ever experienced before, but if you succeed, the financial and personal rewards are yours to savor.
An experienced transaction attorney from Larsen Law can assist you with buying your own business, structured as either an asset purchase agreement or a stock sale agreement, determining the price to be paid and method to do so, representations and warranties of both the buyer and seller, details of the business that will be included in the sale, including all assets and liabilities, and any pre-sale items that must be resolved before closing can occur.
When purchasing a business, items that will ensure the business remains an ongoing concern, and revenue streams are maintained, are of primary import. Properly documenting the transfer of client lists, Goodwill, proper transfer of intellectual property necessary to continuing operations, marketing and advertising channels such as the business phone number and domain address, assets, tangible and intangible property, open litigation or threatened litigation matters, open tax matters, and a host of other concerns should represented in the final documentation of your agreement. An experienced Transactional Attorney from Larsen Law Offices, LLC can also assist you with the form of entity your new business should take, which may be a limited liability company, a corporation, or a partnership, or some variation thereof.