Our business law attorneys help our clients buy and sell their businesses. Offices in Illinois and Florida.
These business law blog posts focus on topics related to mergers and acquisitions (buying and selling businesses). We help clients with their letters of intent, purchase agreements, due diligence, and closing.
We take a practical approach to business growth and strategy with our clients’ goals and needs in mind.
Serving in Illinois: Oak Brook, Burr Ridge, Naperville, Hinsdale, Lombard, Addison, Downers Grove, Oak Park, Darien, Chicago, Lisle, Westmont, Willowbrook, Clarendon Hills, and the Chicagoland Area.
Serving in Florida: Tampa, South Tampa, New Tampa, Wesley Chapel, Odessa, Lutz, and the general Tampa area.
Whether a seller chooses to stay with a company after its sale to help the buyer transition is a business decision that needs to be negotiated between the parties. The buyer and seller need to include a transition services agreement (TSA) to specify the tasks that sellers are responsible for, how long the seller is […]
Should the Seller Stay Involved After a Business Sale? Read More »
The transition of existing employees in a business acquisition depends if your business is an asset sale or stock sale. This is one more reason why knowing early on how to structure a business acquisition. In this post, we will discuss how to transfer employees and how to retain key employees. Employee Transition In An
What Happens to Existing Employees After Business Sale? Read More »
If a buyer and seller cannot agree on a purchase price in a business acquisition, there are a few ways to close that gap. The options include an earn-out agreement, seller-financing, or roll-over equity. Knowing these options allow parties to complete the transaction.
How to Bridge Gap Between Buyer and Seller Price in M&A Read More »
What Liabilities Could a Business Buyer Inherit In an Asset Sale Versus a Stock Sale? When buying a business, a buyer should fully understand what liabilities may be inherited from the seller as a result of the transaction. This is important in order to effectively structure the business purchase agreement and conduct appropriate due diligence.
What Liabilities Could a Business Buyer Inherit In an Asset Sale Versus a Stock Sale? Read More »
What are the legal advantages and risks of an asset purchase versus a stock purchase? The legal advantages and risk of an asset purchase versus a stock purchase depends on the type of business being purchased, the business model, and tax issues. Before learning the advantage and risks and of each type of purchase, it
What are the legal advantages and risks of an asset purchase vs. a stock purchase? Read More »
Who Pays for a Purchase Agreement When Buying a Business? Typically, the buyer brings the proposed purchase agreement. This means that the buyer “pays” for the purchase agreement. However, a business acquisition is much more than just who writes the contract. A business acquisition involves due diligence, negotiation, and proper protections and disclosures. For this
Who Pays for a Purchase Agreement When Buying a Business? Read More »
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
What Kind of Lawyer do I need for My Small Business? Read More »
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
Why You Should Hire a Business Attorney Before Signing the LOI Read More »
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
Most Common Mistakes in a LOI When Buying a Business Read More »
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
How Can You Buy a Business in Wesley Chapel or Tampa Without a Traditional Loan? Read More »