When buying and selling all of its assets is a major event in one’s business and personal life. Important factors in buying a business are negotiation, due diligence inquiries into the business and financial affairs so that a buyer is not blindsided by unknown or unforeseen problems that can cause a unforeseen problems. Important factors in selling a business are to make sure that the seller is receiving top dollar, negotiations for contingencies, and putting closure to the sale. Both sides require tax advice in order to minimize taxes that arise from the transaction as well as from the operation of the business. Often there need to be agreements drafted such as shareholder and operative agreements, covenants not to compete, confidentiality, and promissory notes. Having an experienced and educated attorneys in these types of transactions avoids litigation in the future due to poor representation. For more information fill out the contact form below.