What can your business lawyer do for you when you sell your business?

• Make sure all corporate legal documentation is current.
• Examine any shareholder agreements prior to the sale to make sure there are no unforeseen problems.
• Examine all your contracts and agreements, such as:
  • Premises leases
  • Employment agreements,
  • Franchise agreements
  • Supplier and customer agreements, etc.

Having your business lawyer examine these documents and explain any issues to you early in the process will prevent problems down the road.

Throughout the process, your business lawyer will also be available to provide guidance and advice. For instance, your business lawyer can address any legal questions or problems that arise during the buyer’s due diligence process. We also provide valuable assistance in negotiating the purchase and sale agreement and all supporting documents. Because the purchase and sale agreement is generally prepared by the buyer’s lawyer, your business lawyer will ensure your interests are protected and that the agreement represents your interpretation of the deal.

Finally, your lawyer will work with the buyer’s lawyer to ensure a timely and thorough process and steady movement toward closing the deal.

Your business lawyer is there to protect your interests and make sure that the business gets sold and stays sold.