Selling a Business in Arkansas

West Memphis Business Attorneys Lawyers, AR

Find the Right Lawyer Now

Selling a business after years of work can be very profitable. Many businesses are created with the hopes that they will one day be acquired by a larger firm. The sale can be complicated, however. There are Federal and Arkansas laws concerning mergers, acquisitions, negotiations and securities exchanges that must be followed.

How Do I Sell a Business?

To sell a business there must be an offer, whether it is solicited or not. Purchase agents in West Memphis not only help to acquire an offer, but also lends advice about which offers are worthwhile to consider. Deciding the correct value for the rights you are selling is critical in this process. To do this, financial statements must be updated and prepared to comply with Arkansas and Federal law. Finally, an agreement will be reached in the form of a written contract. All parties should review the contract to ensure that it reflects a complete understanding of what the parties have agreed.

What Will I Give Up in the Business?

The sale of a business is simply the transfer of a right known as "control". The party with control of a business directs its operations and may use the business property as it sees fit. The buyer of a business in West Memphis may be interested only in control of the business, and other rights within the company may not be as important. Buyers are typically looking for the cheapest route to control, and this may allow the seller to retain other rights such as the right to future earnings. Negotiations during the sales process are essential, and they should be used as an opportunity to voice fully each party?s intentions and concerns.

Find a West Memphis Lawyer that Specializes in Your Area of Need:

2 Business - Transactional cases posted to LegalMatch lawyers in West Memphis

Selling a Business Attorneys and Law Firms in the Largest AR Cities

Show Arkansas Cities

How Can an Attorney Help?

Arkansas law places certain requirements on parties selling a business. Making the sale run properly and smoothly is much easier with the advice of a local lawyer practicing in West Memphis.

Find the Right Lawyer Now

Breach of Contract Lawyers in Other Arkansas Cities and Towns

Top Rated Lawyers

View attorney profiles and see how other LegalMatch users rate attorneys that may respond to your case.

Employment and Labor Law Lawyer
LegalMatch Employment and Labor Law Lawyer Joel C.

Joel C.

CRITTENDEN, AR

Employment and Labor Law

Rating (19 users) *****
See Reviews
General Practice Lawyer
LegalMatch General Practice Lawyer Timothy W.

Timothy W.

CRITTENDEN, AR

General Practice

Rating (3 users) *****
See Reviews
Family Law Lawyer
LegalMatch Family Law Lawyer Joseph R.

Joseph R.

MORRIS, NJ

Family Law

Rating (4 users) *****
See Reviews
Bankruptcy, Banking and Credit Lawyer
LegalMatch Bankruptcy, Banking and Credit Lawyer Karl N.

Karl N.

OCEAN, NJ

Bankruptcy, Banking and Credit

Rating (3 users) ****
See Reviews

Need a Business Lawyer?

No obligation - Lawyers compete for your case. Choose your issue & get started now: