Legal

Latest Legal Articles

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  Sale Process

  Letter of Intent: Examining 3 Different Drafting Styles

  Special note: This excerpt is used with permission from: Mergers and Acquisitions from A to Z Kindle Edition, by Andrew J. Sherman.There are many different styles of...

  By: Andrew J. Sherman

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  Pre Sale

  The Initial Price May Not Be Real

  The initial dollar figure presented as a purchase price for a business, whether written on a napkin over coffee or floated in a conversation, is not a binding offer. Any...

  By: Paris Aden

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  Pre Sale

  Why Would a Buyer Require an Environmental Assessment?

  When you are selling a business, a buyer will typically require a Phase 1 Environmental Report as part of their due diligence process. This is a pretty standard process...

  By: Erick Hamdan

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  Post Sale

  Podcast: Proper Documentation Is Necessary for a Good Exit, an Interview with Linda Nottingham

  About the HostRyan is an entrepreneur, podcast host of the show Life After Business and the co-owner of Solidity Financial. Having personally experienced the hazards of...

  By: Ryan Tansom

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  Sale Process

  What Is a Letter of Intent and Why Do You Need One?

  In mergers & acquisitions, a letter of intent (LOI) is a vital document because, when it is signed, it spells out the preliminary agreement between a buyer and a...

  By: Terry Stidham

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  Maximize Value

  Podcast: An Overview of the US 2018 Tax Reform, an Interview with James Markham

  About the HostRyan is an entrepreneur, podcast host of the show Life After Business and the co-owner of Solidity Financial. Having personally experienced the hazards of...

  By: Ryan Tansom

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  Sale Process

  If You're Selling Your Company, Don't Get Sandbagged

  Hindsight is 20/20, but for the seller of a business, it could be a very costly lesson learned. By the time a seller realizes that his purchase and sale agreement has a...

  By: Peter Ferrari

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  Sale Process

  Avoiding the Exclusive Negotiations Trap

  We often hear business owners say, “A competitor just approached me about buying my business. I’ll just sit down with him and cut a deal.” The assumption is that this...

  By: Paris Aden

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  Sale Process

  Forewarning on Proprietary Deals

  What is a Proprietary Deal?In a recent conversation with a partner in a private equity firm, he mentioned that a recent deal had been a proprietary deal. I had not heard...

  By: Chris Mercer

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  Sale Process

  Minimizing Inevitable Risks in the Sale Process

  From the moment you make initial contact with any potential bidder to the time you close a sale transaction there is a window of vulnerability where you and your...

  By: Paris Aden

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  Sale Process

  Choosing the Right M&A Attorney When Selling Your Mid Market Business

  One of the most critical business decisions an entrepreneur ever makes is selecting an M&A attorney for selling their middle market business. Over the years I have...

  By: Peter Alternative

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  Sale Process

  Why Do Deals Fall Apart? - A Private Equity Perspective (Part 2)

  Here is our second installment of "Why Do Deals Fall Apart?" Some of our friends from the private equity world provide sage advice for business owners looking to sell...

  By: John Carvalho | President, Divestopedia Inc.