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- Can You Back Out of a Deal if You have not Signed the Agreement?
Real estate deals between the buyer and seller are complicated, full of paperwork and several processes must be completed before the closing is even within sight. However, backing out of the deal is often difficult and there is money that exchanges hands that could be forfeit if the buyer wants to remove himself or herself before contracts are signed.
- Ins and Outs of Buy Sell Agreements
Buy-sell agreements establish important rules regarding when co-owners are able to buy each other out, when an owner can sell an interest, when an owner can buy another owner’s interest and what price is ultimately required to be paid. Carefully preparing a buy sell agreement can protect business owners’ interests for years to come. The agreement guides the buyout process.
- What Is a Registered Agent for a Business?
A registered agent for a business plays many fundamental roles in the business. Additionally, state law may require a registered agent in order for the business to maintain its separate legal identity.
- Guide to Purchasing a Business
If you are interested in buying a business, you may consider purchasing an existing business rather than starting from scratch. There are several advantages to this approach. However, there are important things for you to understand before taking the leap into business ownership.
- What Are the Benefits of Franchising a Business?
Purchasing a franchise over launching a new business has many benefits, but there are some drawbacks as well. For the person considering this option, he or she should research these matters fully before initiates the purchase with the franchisor and know what the entire situation will entail.
- Potential Liabilities When Purchasing a Business
Purchasing a business poses several risks to the person buying. There are various liabilities that could affect the new owner based on certain actions, but the purchase itself could have negative consequences such as equity over asset buyouts and if there debts that must be satisfied by the previous owner.
- Selling a Business: Finding a Buyer and Informing Employees
Preparing to sell a business is a long and complicated process that may start the moment the company begins. Getting matters together, filing paperwork, finding a buyer and transferring the ownership all comes after the organization has been setup for steady revenue and employee retention.
- What Do I Need to Know before Buying an Existing Business?
Buying a company requires various processes before the documentation has been finalized and the ownership papers exchange hands. This means due diligence, going over provisions, understanding the financial data, asking and receiving answers to questions and knowing what is being purchased.
- What Types of Environmental Checks Do I Need to Perform when Purchasing a Business?
Purchasing a business takes more than just buying the assets, equity or interest. There are many checks to perform including environmental issues that need to be determined such as contaminants on the property, hazardous materials and waste on the land and complications within structures such as mold or insect infestation.
- What to Expect from a Commercial Real Estate Loan Sale
Commercial real estate loan sales could be complicated, full of difficulty and problems may be encountered, but there are many of these situations where everything flows smoothly. In order to progress without many issues, the parties involved must understand what to expect and plan accordingly for these events.