Connecticut Business Attorney Explains the Purchase of an Existing Business
As an experienced Connecticut Business Attorney, clients often ask me how to purchase an existing business. In the process of purchasing an existing business, you want to have a team of professionals on your side. This should include a Connecticut Business Attorney that will be with you every step of the way.
One of the main aspects of acquiring a new business is deciding whether you’re acquiring the business’s assets or the stock of the business. This will be determined by the due diligence process. You will review all of the assets and decide if you want to obtain not only the company itself, but also its inventory, assets, cash, accounts, etc. It’s best to work with a Connecticut Business Attorney from when you first enter into a letter of intent, but also making sure the final agreement meets your demands to create a successful new business.
Are you looking to purchase an existing business in Connecticut? Contact experienced Connecticut Business Attorney Eric Foster to guide you through the process.
This informational blog post was brought to you by Eric L. Foster, an experienced Connecticut Business Attorney.