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Ventura County Business Acquisition Lawyer: Purchase/Sale Authority

Buying or selling a business can be one of the most exciting and significant decisions one might make throughout their career and their lifetime. Aside from the excitement, however, purchasing or selling a business can be a complex and daunting task. There are numerous factors to consider during both the transaction's negotiation phase and the transaction's closing. 

An experienced Ventura County business acquisition lawyer can assist you throughout each stage to achieve a successful transaction whereby you can negotiate the best possible terms and ensure that you are fully protected from any evident and hidden pitfalls associated with this process.

Some of the various issues or decisions that you might be faced with include:

  • Should you buy the assets of the business or the business entity itself?
  • Can you assume the seller’s lease and, if so, under what terms??
  • Are there any outstanding contracts or liabilities associated with the business, and will the buyer or seller be responsible for those items?
  • What is the status of the business's employees or independent contractors? Are there any contracts or outstanding issues that need attention in this regard?
  • Both parties should obtain indemnities from each other to ensure that they are fully protected from the acts of each other before and after the closing.

These are only a few items to consider in a purchase/sale transaction. Still, they are critically important in negotiating the terms of the transaction and how the final transaction is structured.  At Conejo Valley Law Group, our skilled Ventura County business acquisition lawyer has years of experience dealing with these situations. They can help guide you through this severe yet exciting and stressful time.

Contact the Conejo Valley Law Group today to discuss purchasing a new business or selling an existing business.

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