If you are Buying or Selling a Business You Need an Experienced Attorney to Guide You and Protect Your Interests.
Buying or Selling a business is one of the biggest decisions an entrepreneur will ever make. With the complexities and all of the moving parts these transactions can have, having an experienced attorney to not only guide you but ensure that you are legally protected is critical. Kinney Firm will have your back every step of the way.
Small mistakes can mean big losses when buying or selling a business
Buying or Selling a business means conducting due diligence through a process of disclosing and evaluating corporate documentation. Examples of some of the documents you may be required to provide or sign include:
- Letter of intent
- Confidentiality agreement
- Contracts and leases
- Financial statements
- Tax returns
- Sales agreement
- Purchase price adjustment
Having an experienced attorney by your side through this process is crucial. Whether the transaction involves an eCommerce store, a brick and mortar business, or somewhere in between, businesses bring unique opportunities and challenges, and deal structures can vary greatly.
We can help craft a business and legal strategy to maximize your opportunities and limit your risks. Some considerations may include strategically determining the best business formation to restructure the business you are acquiring or crafting the most advantageous deal structure for you to execute the sale of your business.
Kinney Firm can help you navigate through the business buy/sell complexities.
- Phase 1: Due diligence,
- Phase 2: Negotiations, and deal structure
- Phase 3: Drafting the Buy-Sell
- Agreement and ancillary documentation
Phase 4: Closing
Are you buying a business or franchise?
When purchasing a business or franchise, no one likes surprises.
Kinney Firm will assist in conducting the necessary “due diligence” - evaluating business or franchise’s existing infrastructure (corporate governance, licensing, ) valuation, existing. We will request the documentation and ask the questions necessary to allow you to evaluate and negotiate the opportunities and risks and make a fully informed purchase.
Are you selling your company?
Whether you’re selling your share of a business or the business in its entirety, properly preparing for the sale of your business should begin a year before you intend to sell.
Kinney Firm can assist you with negotiating with a business broker, hiring a business evaluator, and work with your tax professional to prepare necessary documentation including profit-loss statements, inventory, up-to-date operating manuals, security instruments, intellectual property conveyances, and a bill of sale.
Schedule your Buy/Sell Business Consult
Schedule a consult to discuss your goals, current circumstances, and documentation and we will discuss how to get you from where you are to where you want to be to assist you in negotiating the best deal