Business Acquisitions Attorney in Overland Park
Some of the most critical decisions in buying or selling a business are made early and affect the entire merger and acquisition process. This initial buying or selling process includes the amount and form of the purchase price, the net financial benefit to the seller and buyer, and the closing timing. Both buying and selling parties would benefit from hiring a professional advisor such as an attorney, a tax accountant, and a banker/broker.
Determining the Value of A Business
One of the main things that an owner wants to know if they are deciding to buy or sell a business is how much it is truly worth. Determining the value of a business involves several different factors. One thing to consider is whether or not fair market value accurately determines the value of the business. This would be the amount the property sold in a voluntary transaction between a buyer and seller. This will include adjusting the financial statements or income tax returns to reflect the business’s financial position. This will help determine the actual market value of that business. Determining the value of the business also includes obtaining all the necessary legal documents for that business as well as any history, operations, profitability, policies, industry, or assessment information that pertains to the business.
Timeline of Buying or Selling a Business
- Pre-letter of intent period
- Letter of intent
- Purchase agreement
- Interim period
- Closing period
- Post-closing period
Navigating a business acquisition can be complex, and legal support is essential. GroverLawKC offers a free consultation to discuss your acquisition goals and ensure you have the proper legal strategy. Call 913-432-1000 today to speak with a skilled business acquisitions attorney and take the first step toward a smooth and successful transaction.
Frequently Asked Questions
Based on many factors like types of cases, lawyer experience, and fee structure influence the cost of hiring a lawyer in Kansas City. You generally pay GroverLawKC $0 upfront legal fees. Fees are only collected if compensation has been recovered.
Yes, If you were partially at fault for an accident, even so, you can often recover compensation, but in Laws like “comparative negligence” rules, based on your percentage of fault, you receive your compensation. The top personal injury lawyer at GroverLawKC can help in your case and fight for the compensation you deserve.
GroverLawKC and our personal injury lawyers can file a lawsuit to recover losses for damages resulting from the accident. The process for filing a claim includes seeking medical treatment, filing an accident report, gathering evidence, and filing a claim with the insurance company as well as in court.
