Buying a Business in Alabama

Tuscaloosa Buying a Business Attorneys, AL

Find the Right Lawyer Now

Purchasing a business can be an beneficial investment for both individuals and companies. However, the transaction is much more complicated than a normal purchase.

Purchasing a business occasionally involves laws concerning mergers, acquisitions, negotiations or securities exchanges. These fields are governed by Alabama and Federal law.

What Parts of the Business Am I Buying?

The purchase of a business in Tuscaloosa is actually the purchasing of a right called "control". With this right, a party can direct business operations as it sees fit, it acquires ownership of business assets, and it assumes liability for all business debts. A complete picture of the financial position of the business is important for the purchaser to make his decision. This picture is acquired through a process called "due diligence". Through due diligence, federal and Alabama guidelines are used to inform both parties, and there may be legal consequences for not following these guidelines properly. Following the procedure of due diligence faithfully, however, leads to a better informed decision about the purchase of the business. It can also help the ownership transfer to go more smoothly.

How Much Will the Business Cost?

How much the right of control will cost depends on how much ownership stake is required. The value of the property of the business might add to the price as well. There are particular laws in Alabama that dictate procedure for how the right of control of a company can be transferred and modified, and these procedures may make buying the business cheaper or more expensive, depending on a variety of factors.

Find a Tuscaloosa Lawyer that Specializes in Your Area of Need:

Buying a Business Attorneys and Law Firms in the Largest AL Cities

Show Alabama Cities

How Can a Tuscaloosa Attorney Help?

There are unique requirements in Alabama that a party purchasing a business must fulfill. In Tuscaloosa, an attorney experienced in Alabama law can inform you about the peculiarities of your investment and outline the cheapest way for you to purchase control.

Find the Right Lawyer Now

Breach of Contract Lawyers in Other Alabama Cities and Towns

Top Rated Lawyers

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

Business - Transactional Lawyer
LegalMatch Business - Transactional Lawyer Kevin H.

Kevin H.

Tuscaloosa, AL

Business - Transactional

Rating (4 users) ****
See Reviews
Business - Transactional Lawyer
LegalMatch Business - Transactional Lawyer Scott J.

Scott J.

Tuscaloosa, AL

Business - Transactional

Rating (4 users) *****
See Reviews
Business - Transactional Lawyer
LegalMatch Business - Transactional Lawyer Sid H.

Sid H.

Shelby, AL

Business - Transactional

Rating (18 users) ****
See Reviews
Business - Transactional Lawyer
LegalMatch Business - Transactional Lawyer Jesse H.

Jesse H.

Autauga, AL

Business - Transactional

Rating (9 users) *****
See Reviews

Need a Business Lawyer?

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