Shareholder Agreements - Buying and Selling a Business

If you’re considering purchasing or selling a business in the Central Pennsylvania area, the experienced business transaction attorneys at Saidis, Sullivan & Rogers can guide you through the entire process.

Complex business transactions, such as buying or selling a business, require years of knowledge and expertise. During the transaction, many different types of legal issues come into play, which is why you need to have an experienced business attorney on your side so that you get what you want.

Some of the aspects of a business purchase transaction that your attorney can assist you with include:

Negotiations – While there may not be many assets involved in a smaller business purchase, larger companies with stocks and other intangible assets can be very difficult to deal with. Having a qualified business attorney on your side during business negotiations will make sure that your interests are upheld.

Letter of Intent – Prior to the purchase of a business, a letter of intent must be drafted and given to all parties that will be involved in the transaction. The letter of intent describes the transaction, how you want it to take place, and which parties will be involved.

Due Diligence – When you purchase a business, one of the most important aspects of the business transaction is investigating the company you are about to buy or merge with. Sometimes, a business can look profitable from the outside, but once due diligence is performed; the business may have a lot of outstanding debts that you would incur after purchasing it.

Contracts – Contract law can be difficult to understand, and you don’t want to inadvertently enter into a contract that you don’t want to fulfill. With a qualified, experienced business attorney, you will have the benefit of having everything reviewed by a professional.

Taxes – A subject that is often overlooked during business transactions is how the business purchase or sale will affect the filing of taxes. Our business attorneys are familiar with all aspects of business and they can help point out future tax problems or benefits when you are considering buying a business.

Whether you’re a large corporation or a small home business, if you are considering buying another business or selling your own business, please contact the business attorneys at Saidis, Sullivan & Rogers today to learn about all the ways we can help you.