Closing a business acquisition feels like a finish line. The purchase agreement is signed. Funds have moved. Ownership has changed. But for the buyer, the more practical question comes next:
Giving someone part of your company can be a meaningful step. Maybe a key employee has become essential to the business. Maybe you are bringing in a new partner. Or
Most growing businesses have plenty of contracts. Customer agreements. Vendor agreements. Leases. Confidentiality agreements. Software subscriptions. Employment-related agreements. Purchase orders. Financing documents. What many businesses do not have is a
Business owners generally know when they need a lawyer after something has gone wrong. The harder question is when a lawyer should be involved before that happens. Bring counsel in
Business succession planning is often treated as something to address when an owner is preparing to retire. But succession is also about what happens if the owner cannot run the
Businesses rarely notice the moment their contracts become outdated. The company simply keeps growing. Customers get larger. Vendor relationships become more important. Deal values increase. New people begin negotiating agreements.
An interested buyer or investor can be exciting news for a business owner. It can also be a terrible time to discover that an important contract was never signed, ownership
Buying or selling a business is rarely as simple as agreeing on a price. One of the most important questions comes earlier: What, exactly, is being bought? A transaction can
Among other things, you wanted a legal separation between the obligations of the business and your personal finances. Then a landlord, lender, equipment company, vendor, or seller hands you a
After weeks of conversations, the major business terms finally seem to be coming together. The price is in range. The structure makes sense. Both sides want to keep moving. Someone
