What kind of lawyer do I need for my small business? The kind of Florida business lawyer you need for your small business depends on the issue you need. There are two types of business lawyers, transactional lawyers and litigation lawyers. Transactional lawyers, sometimes known as corporate lawyers, specialize in matters involving transactions where there […]
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Buying or Selling a Business in Wesley Chapel or Greater Tampa? Why You Should Hire a Business Attorney Before Signing the LOI If you are buying or selling a business in Wesley Chapel, Tampa, Lutz, Land O’ Lakes, Zephyrhills, New Tampa, Brandon, Clearwater, St. Petersburg, or the greater Tampa Bay area, one of the most important
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What are the most common mistakes in Letters of Intent when buying a business? The most common mistakes in LOIs when buying a business relate mostly to missing terms, vague terms, or harmful terms that hurt the parties, particularly a buyer. As a business lawyer, I notice many people who buy business in Florida think
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How Can You Buy a Business in Wesley Chapel or Tampa Without a Traditional Loan? You can buy a business in Wesley Chapel, Tampa, or elsewhere in Florida without relying solely on a traditional loan by using seller financing, earn-outs, rollover equity, deferred payments, investor capital, asset-based financing, revenue sharing, holdbacks, or a combination of
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What Reps, Warranties, Indemnities, Escrows, and Holdbacks Are “Normal” in M&A Deals? In summary, the reps, warranties, indemnities, escrows, and holdbacks that are normal in a M&A deal depend on the size and nature of the deal itself. Buyers typically ask us: What is a normal survival period for reps and warranties? What is a
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What Should Be in a Letter of Intent for a Business Sale in Florida? If you are buying or selling a business, the letter of intent is one of the most important early documents in the deal. Often called an LOI, this document usually comes before the purchase agreement, but it can still have a major effect on
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Is My Business Too Small to Franchise? When a Business Model May Already Be a Franchise Your business is not too small to franchise. In fact, the size of the business is not a factor in determining whether a business can be franchised. For many growing businesses, the word “franchise” sounds like something reserved for large
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How a Business Owner Properly Buys Out Their Business Partner or Transfers Their Shares to the Business Partner There are many ways a business owner can buy out their business partner depending on the structure of the company, the relationship between owners, and the goals of the buyout. For many owners, purchasing a partner’s interest
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How an Employee Can Buy Stock in Their Company: A Guide for Wesley Chapel and North Tampa Business Professionals There are many ways an employee can buy the stock of the company they work for depending on their goals. For many employees, the opportunity to purchase stock in the company they work for can be
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Should I Franchise My Business? Whether you should franchise your business depends on a few factors. Franchising your business is a great way to grow your business. Rather than investing multiple times in multiple locations or territories for your business, you can license your business model to franchisees and collect royalties. For example, if you
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