Experienced Pennsylvania Business Law Attorneys For Business Sale Agreements
Business owners have to constantly anticipate the future, and that includes having a legally sound and enforceable purchase-sale agreement when the time comes to sell your company or buy a new one. In any case, the buy-sell agreement should protect your interests. Whether you anticipate a time when you may want to leave the business or you are thinking about what may happen if a partner retires, divorces or becomes incapacitated, a purchase-sale agreement is essential.
The attorneys at Lenington, Gratton, & Associates LLP understand the legal needs that are relevant to businesses of all sizes, from startups to large, established companies.
To arrange a consultation, please call us in Pennsylvania or Florida at 724-271-8300 or 850-374-8549, or complete our contact form. Our attorneys are licensed to practice in Pennsylvania, Ohio, Virginia, West Virginia, Texas, Alabama and Florida.
What Is A Purchase-Sale Agreement, And Why Do You Need One?
A purchase-sale agreement is a legally binding contract that outlines the terms and conditions governing the sale of a business or the transfer of ownership interest.
An effective purchase-sale agreement may include terms and conditions such as:
- Ownership transition planning that provides a roadmap that can prevent business interruptions
- A valuation method that appeals to everybody’s sense of fairness and can help avoid disputes over the buyout price
- Payment and financing methods, whether through insurance policies, installments or something else, so that there is clarity around that process
An enforceable business sale agreement may also include customized provisions for dispute resolution. An experienced business sale agreement attorney can also make certain that the tax implications of a buy-sell agreement are addressed.
Let Our Business Sale Attorneys Guide You Through The Transaction
To arrange a consultation, please call our Canonsburg, Pennsylvania, office at 724-271-8300 or our Fort Walton Beach, Florida, office at 850-374-8549. You can also email us today to schedule a consultation with an attorney who can help you address your business needs.