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Sale or Purchase of a Business
Miami Business Lawyers Helping You Make Informed Decisions
Selling or purchasing a business in Florida is complex. The attorneys at SIMPLYLEGAL can help you achieve the best terms through this complicated process. Any experienced Miami business law attorney at SIMPLYLEGAL will negotiate, structure, and close the best deal possible for you. Contact us today — we serve Miami-Dade, Broward, and all of South Florida.
When buying or selling a business our lawyers will:
- Coordinate the review of business documents
- Help clients conduct a cost-benefit analysis
- Identify potential red flags and areas of liability
- Strive to negotiate the most favorable terms and scope of involvement for our client
- Streamline the transition of existing contracts to the new owner
- Assist with application for required licenses and permits
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Buying an Existing Business? Complete an Investigation.
Purchasing an existing business may be less risky and more profitable than starting your own business. If you are considering it might be in your best interest to conduct an investigation beforehand.
Before purchasing, make sure to:
- Audit financial statements, tax returns, accounts receivable and accounts payable from the last 3 – 5 years with a Certified Public Accountant (CPA).
- Know who the essential employees are and whether or not they will be staying. If they or the owner themselves are critical to the operation, you may need to add non-competition clauses or other protections in your final agreement.
- Discuss the overall status of the company: whether or not current customers will remain, outstanding loans, what the competitors are doing, how the company is perceived in the community, etc.
- Other factors to consider are the leases, intellectual property rights, insurance, and more.
For more advice on buying an existing business in Miami, reach out to the business attorneys at SIMPLYLEGAL.
Contact a Miami Business Law Lawyer at (305) 676-9328
If you are purchasing or selling a business in Florida, our lawyers are ready to help. We have years of experience and are ready to discuss your options during a consultation. Reach out today.
Dial (305) 676-9328 to speak with a business attorney in Miami at SIMPLYLEGAL. Se habla Español. Services also available in Portuguese.
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Miami, FL 33131
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