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Buying or Selling a Small Business in New York

Buying or selling a small business is a major decision

Buying or selling a small business can be a confusing, stressful, and exciting process for small business owners (or soon to be owners)  and the need for a qualified attorney is critical.

As an experienced New York business acquisition attorney, I can guide business owners through the complicated process of selling a business; and potential owners through the bewildering process of buying a business.

Buying a Small Business

Purchasing an established small business is a great way to be a business owner while minimizing some of the risk associated with a startup. A company with an established product, client base, and brand name will allow you to jump right into operations; no need to create the product or find the loyal clients.

However, before buying an ongoing business, it is incredibly important to properly research the business. Proper due diligence is the key to a successful transaction. I'm here to help. My services to buyers of small business include:

  • Initial consultation
  • Letter of intent
  • Detailed explanation of purchase agreement
  • Review and negotiation purchase agreement
  • Research on the business
  • Lien and judgment check (additional fees may apply)
  • Preparation and review of all closing documents
  • Representation of buyer at closing
  • Affordable flat fee starting at $1,895

Selling a Small Business

Selling a business requires legal planning and due diligence also. Properly structuring the sale can reduce taxes, limit future liability, and ensure payment is received.

Services for business sellers include:

  • Initial consultation
  • Detailed explanation of purchase agreement
  • Preparation of purchase agreement
  • Negotiation with buyer
  • Preparation and review of all closing documents
  • Escrow service
  • Representation of seller at closing
  • Affordable flat fee starting at $2,195

A flat fee for both buying and selling a small business will be determined before representation begins; no surprises! Factors in determining the flat fee include the nature of the business, whether real estate is involved, and if there is financing.

Here to Help

Ready for the next step? I am here to guide buyers and sellers through the process of buying or selling a small business. Please contact me today.

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