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April 4, 2016Business Law, Lindh Foster, LLC Blog

CT Business Attorney Discusses Purchasing an Established Business

CT Business AttorneyOne option when setting up a new business in Connecticut is obviously acquiring an existing business. In this process, you want to have a team on your side. This should include a CT Business Attorney that is with you every step of the way. One of the key aspects of acquiring a new business is being very clear on whether you’re acquiring the assets of the business or the stock of the business. This, in turn, will be determined or affected by the due diligence process by which you review the assets of the business and decide whether you want to obtain not only the good will of the company but also its inventory, assets, cash, accounts receivables, or less number of items.

It’s best to work with a CT Business Attorney not only in the initial stages in entering into a letter of intent when you agree on a general purchasing price, but also making sure the final agreement meets your expectations so that you can have a successful new business.

Are you looking to purchase an already established business?  Contact experienced CT Business Attorney Eric Foster to guide you.

This informational blog post was brought to you by Eric L. Foster, an experienced CT Business Attorney.

About the author

Lindh Foster, LLC

Connecticut Business Lawyer & Debtors Rights Attorney, Eric Foster of Lindh Foster, LLC, has been practicing law for over 25 years in Connecticut, New York and Hong Kong, China. As a Connecticut Business Lawyer, Eric Foster’s legal practice currently centers around representing small businesses and entrepreneurs, in selecting their business structure, forming their businesses, and managing their business transactions. As a former attorney at the Federal Reserve Bank of New York where he focused on the regulation of banks’ lending activities, Attorney Foster is also a passionate consumer advocate and a member of the National Association of Consumer Advocates (NACA). As a Debtor Rights Attorney, Attorney Foster enjoys advocating for and representing consumer debtors in connection with credit card, student loan and other debts they allegedly owe creditors and debt collectors.

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Eric Lindh Foster Law, LLC

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