BUYING AND SELLING A BUSINESS IN NEW JERSEY
Bergen County Attorney for Asset Purchase and Stock Purchase Agreements
For many business owners, selling a business interest is the preferred
exit strategy when retirement or new opportunities become an attractive
proposition. Meanwhile, many entrepreneurs would rather take over an established
player in a known market than assume the risk and expense of starting
a new company.
No matter which side of the transaction you happen to be on, Bergen County
business lawyer Michele L. Ross, Esq. can maximize your business interest
if you are thinking about buying or selling a business, or simply your
ownership interest, in northern New Jersey.
Contact the Law Office of Michele L. Ross, LLC, for dependable advice and comprehensive
client services for all your business acquisition or sale transaction needs.
Michele L. Ross, Esq. can advise you about the best ways to protect your
interests while advancing the deal through every stage from the initial
memorandum of understanding and
non-disclosure commitments through to closing. At each intermediate stage, Ms. Ross remains closely
engaged with her client to make sure that the practical and logistical
considerations for the transfer remain on track, even while she's
negotiating, reviewing or drafting the documents that will express your
agreement and define each side's commitments.
If you're selling your entire company or just your interest in a particular
company, Ms. Ross can advise you about the best ways to structure the
deal, whether as a stock sale, a transfer of your controlling interest,
or a sale of business assets. Ms. Ross will also work with you about meeting
your disclosure obligations to avoid future tax and corporate liability
for any risks the buyer might later claim were hidden or misrepresented.
If you have an interest in continuing with the business as an executive
or consultant, Ms. Ross can make sure that the proper contractual language
finds its way into the final agreement.
Of greatest importance to many business sellers is Ms. Ross' ability
to avoid committing to a transfer without full assurance of the buyer's
capacity to meet its financial obligations. Unless the buyer is in a position
to pay cash for the full purchase amount, some combination of bank financing,
new investment, or secured financing by the buyer will be necessary to
assure complete and timely payment. Michele L. Ross, Esq. can help you
determine the type of financing needed to effectuate the business sale
Bergen County Business Acquisition Lawyer: Call 201-897-4942
For business purchasers,
our law firm can help you with the due diligence necessary to make sure that the financials
provided by the seller are correct and fully documented. We will also
make sure that the business, regulatory tax and legal risks inherent in
the transaction are correctly identified and understood. Our in depth
understanding of non-competition and non-solicitation covenants can also
help ensure that your seller does not emerge as a competitor in your market
before you are ready to meet the challenge.
For comprehensive advice that goes beyond the legal aspects of buying or
selling a business in New Jersey,
contact the Law Office of Michele L. Ross, LLC, in Englewood Cliffs.