The entrepreneurial spirit is alive and well in Florida today. Even with a challenging economy, small businesses continue to open and grow. Whether you are purchasing a business or starting a business, we have the expertise to assist you in the closing process.
Our firm offers the following services:
- Setting up Corporations and Limited Liability Companies (LLC’s)
- Drafting of Asset Purchase and Sale Agreements
- Drafting of Stock Purchase and Sale Agreements
- Buyer Representation
- Seller Representation
- Closing Agent Services
- Escrow Services
- Shareholder and Director Resolutions
- Employment Agreements
- Confidentiality Agreements
Setting up corporations and LLC’s
There are many benefits in setting up legal business entities. The process of creating these entities includes adhering to many state and federal regulations. We can we can draft the documentation required to establish the business entities.
We can prepare an Asset Purchase and Sale Agreement or a Stock Purchase Agreement to buy or sell a business in compliance with Florida law. The Agreement can be a complex legal instrument. The Agreement establishes the sales price and outlines the obligations and responsibilities of each party. It will provide for a Non-Compete Agreement; Transfer of Assets, etc. Every Agreement contains important deadlines. All parties need to understand the significance of these deadlines. Missing a deadline can significantly impact the transaction and create issues for the Buyer and Seller.
Business brokerage professionals negotiate many Agreements for the purchase or sale of businesses. Once signed, the Agreement is a binding legal contract and it can be difficult or impossible to negotiate changes. It would be wise to consult with us at your earliest opportunity.
Representation of a Buyer or Seller
Having an attorney represent your interests in the purchase or sale of a business will provide peace of mind, guidance and may reduce future liability issues.
At the time a purchase offer is accepted, a portion of the down payment (earnest money deposit) is paid. Additional funds are often required before the closing date. We can hold these funds in an escrow account until the closing of the transaction.
Closing Agent Services
Our law firm can prepare the Agreement and all documentation needed to close the transaction. Our firm can answer your questions regarding the transaction.