Business | Purchase/Sale of a Business - Falcone Law
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Incorporation, Contract Drafting, Leasing, Employment Contracts and Business Planning

Purchase/Sale of a Business

Whether you are purchasing an existing business or selling your own business, you need a lawyer to guide you through the transaction. It is advisable to see your lawyer before any agreement is made. There are many aspects of a purchase or sale of a business that can be more efficiently handled before any deal is made. From drafting the initial Letter of Intent to the Purchase Agreement and right to the day of Closing, we can help you navigate all of the legal decisions and requirements. Here are just some of the issues that a purchaser and/or a vendor face in a purchase/sale transaction:

  1. Employees (staying, going, who is responsible for termination pay, etc.)
  2. Tax Arrears that may form a lien against the assets of the business
  3. Warranties and Guarantees on Purchased Assets
  4. Assignment of a Lease
  5. Transfer of Business Registrations, Names, Trademarks, Website
  6. Structured Payments (Promissory Note secured against Assets/Shares)
  7. Vehicle Transfers
  8. Non-Competition and Non-Solicitation Agreements
  9. Confidentiality and Non-Disclosure Provisions

Please feel free to contact us to discuss how we may assist in one of the most important aspects of your business and its future success.