The goal of a business is to make a profit and provide the lifestyle that the owner desires. There are many ways to build value into a business. By optimizing your business, creating value, and systematizing it, you can get a higher multiple when the time comes to get a valuation done on your business.

You have a plan to run your business. Now, you need a plan to sell your business and transition out of your business. If you don’t know who is next in line to run the business, that’s a problem.

If you don’t have an exit plan in place, you could be forced to significantly undervalue your company when it comes time to sell. Without a plan, you could be overpaying in taxes or failing to implement strategies ahead of time to protect your wealth.

Selling a business or buying a business? There are a lot of moving pieces and terms to negotiate. We’ve advised on deals ranging from $50,000 to $10 million. There are different considerations at different price points and we have the legal knowledge to negotiate and educate you through the process, to reach a successful closing. We can review purchase and sale agreements, explain complicated legal terms, draft language and provisions to go into the purchase and sale agreements (because we are attorneys and can give legal advice), and ensure you feel comfortable with the final deal before you sign and close on it.