Buying a business or selling a business is a complicated transaction. The negotiations, drafting of the contract, drafting of supplemental documents, drafting security instruments, and a myriad of other issues require a customized approach. At the Law Firm of Vaughn, Weber & Prakope, PLLC, we treat each transaction as if it is the most important transaction of our client’s life.
One of the choices that has to be made is whether an asset purchase agreement or stock transfer agreement is preferable to the client. Other considerations will range from whether employee contracts are involved to whether real property leases need to be transferred. The experienced corporate attorneys at the Law Firm of Vaughn, Weber & Prakope, PLLC can assist you in navigating the legal hurdles involved in this transaction. It is important to understand that no attorney should be providing taxation advice to their clients. A licensed accountant or possibly a CPA should be consulted and involved to deal with such issues stemming from these transactions.
The Law Firm of Vaughn, Weber & Prakope, PLLC is experienced in business purchases and business sales. We are here to be your resource. And as always, we are just a phone call away. If you are thinking of buying or selling a business, please call the Law Firm of Vaughn, Weber & Prakope, PLLC at (516) 858-2620 to help you!