If you are pondering buying a business you should first speak to a business lawyer. A commercial lawyer has the experience to look deep into things that you may not even be aware of. The fee you may have to pay a law firm will be much cheaper then purchasing a business on false pretenses where you may lose your entire investment.
Speak to a business lawyer to help you with your business purchase transaction
Buying a business contract
Asset purchase & share purchase
There are a number of issues an individual or group must consider before buying a business. Before purchasing any shares or commercial assets, it is important to examine and research the business to ensure you are getting what you paid for. This is referred to as due diligence and is undertaken to ensure all the facts presented by a seller are correct and not misleading in the sale of their business.
Typically, there are two manners by which a business can be acquired; an Asset Purchase and a Share Purchase. Having a business lawyer help you navigate through these waters will ensure you are not being mislead in any agreements.
Mississauga Business Lawyer
Due Diligence Before You Buy
Over 30 Years Legal Experience
It is always in a buyers best interest to have their lawyer draft an agreement for an offer they may want to make on a business for sale. This will ensure that if the offer is accepted by the seller that all areas of the purchase have been covered. This may include, the transfer of ownership of assets within the business, company name, leases, outstanding debts, and so much more that only an experienced person in business can think of adding.
Experienced and reliable, Eugene Hretzay will help guide you in making the right decisions on the purchase of a business you may be interested in. His job is to protect you against a misleading business purchase and to ensure the evaluation of the business is correct.
Interested in buying a business? Contact Eugene Hretzay today to discuss.
Contact us with your name and phone number so we may contact you. Please do not include any confidential information in this email. By sending this email, you agree that no attorney-client relationship is formed until you sign a retainer agreement.
LEXervice Professional Corporation
(416) 508-3472
55 City Centre Dr #1000
Mississauga ON
L5B 1M3