Selling a Business in Arkansas

Harrison 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?

Of course, there must be an interested buyer with an offer in order to sell a business. The job of purchase agents in Harrison is not only to acquire an offer, but they also lend advice about which offers should be considered. The purchaser might want financial records to be updated in accordance with Arkansas and Federal law. This might be required by law in some cases, and besides, it always helps in determining the correct value for the rights you are selling. As a final step, an agreement for the purchase will be reached, normally in the form of a written contract. It should be reviewed by all parties to ensure that what was agreed upon is accurately presented.

What Will I Give Up in the Business?

In selling a business, the buyer gains a right known as "control". Control of a business entitles a party to direct its operations and it may also controls what is done with business property. A party seeking to purchase a Harrison business may not be concerned with all aspects of the company. In fact, purchasers are normally interested in acquiring control as cheaply as possible, and this may allow other rights, including the right to future earnings, to be apportioned or even retained by the seller. These particularities make negotiations essential, during which each party should use the opportunity to voice their intentions and concerns.

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

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 Harrison.

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.

Boone, AR

Employment and Labor Law

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

Timothy W.

Independence, AR

General Practice

Rating (3 users) *****
See Reviews
Personal Injury Lawyer
LegalMatch Personal Injury Lawyer Donald C.

Donald C.

New London, CT

Personal Injury

Rating (5 users) *****
See Reviews
Family Law Lawyer
LegalMatch Family Law Lawyer Jack P.

Jack P.

Martin, FL

Family Law

Rating (1 users) *****
See Reviews

Need a Business Lawyer?

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