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Why Purchase Agreements Should Not Be Templates.

In previous blogs, I’ve talked a bit about why it’s a good idea to have an attorney prepare proper purchase documents – Purchase Agreements, a Bill of Sale, and possibly a Loan Agreement or Promissory Note (depending on how the business purchase will be financed). You could conceivably spend a few thousand dollars on attorneys’ […]

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Moving a Pre-Existing Business Into a New Company

You listened to your business lawyer, and formed a limited liability company (called LLC) or corporation (such as a C-Corp or S-Corp), and you want to move your pre-existing business into the new company. This is actually a common question, and it’s really important that you do it right. How you do this, depends on […]

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Ways to Buy an Existing Business

In our previous piece (The Art of Buying and Selling a Business), we discussed some of the important issues you should consider when you want to sell or buy an existing business to maximize your value and minimize your risk. In this article, we consider the two most common ways one goes about buying a […]

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The Art of Buying and Selling a Business

Whether you are buying or selling a business, few people will disagree that this process is one of the most important, exhilarating and emotional experiences of your life. For the buyer, often acquiring an interest in a business is a “once in lifetime” opportunity to become your own boss and to reap potentially unlimited rewards […]

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