Negotiating the Terms of Buying a Business Part 1

This is intended to help outline the general process of buying a business, explaining the legal aspects of how a business lawyer can assist in a business purchase transaction (it is not intended to be construed as legal advice for your particular situation).  Basically, in these 2 videos, I try to help you identify what steps are involved in buying a business and what issues should be considered.

Part 1 of the video covers some typical terms and other items addressed in a term sheet:

  • Names and Contact Information
  • Purchase Price and Other Consideration
  • Payment Terms; Financing; Downpayment
  • Collateral (or security) for the Purchase Price
  • Structure of the Deal

Find out more about how we can help you here.

**This post is for informational purposes only, For legal advice contact a business lawyer**
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