Selling a Business in Arkansas

Sherwood Business Attorneys Lawyers, AR

Find the Right Lawyer Now

Selling a business after years of work can be extremely 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 Sherwood not only help to secure an offer, but also lends advice about which offers are worthwhile to consider. During this process, the financial records must be updated and prepared in strict accordance with Arkansas and Federal law. The reliability of these methods is necessary in determining the proper value for the rights you are selling. Typically a formal contract will be written as the agreement nears its conclusion. The provisions contained in the contract should present all matters discussed in a fair light, and this requires careful review by both parties.

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 can use the business property as it sees fit. The right of control can be separated easily from the business, and this often leads the buyers in Sherwood to be less interested in other rights within the company. In fact, buyers often leave other rights, such as the right to future earnings, with the sellers so that they can acquire control more cheaply. Negotiations become vital in light of these particularities, and each party should use negotiations as an opportunity to make plain their intentions and concerns.

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

2 Business - Transactional cases posted to LegalMatch lawyers in Sherwood

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

Show Arkansas Cities

How Can an Attorney Help?

In selling a business, the seller must meet the requirements of Arkansas law. A local attorney practicing in Sherwood will be able to advise you about your particular sale.

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.

General Practice Lawyer
LegalMatch General Practice Lawyer Timothy W.

Timothy W.

Pulaski, AR

General Practice

Rating (3 users) *****
See Reviews
Employment and Labor Law Lawyer
LegalMatch Employment and Labor Law Lawyer Joel C.

Joel C.

Pulaski, AR

Employment and Labor Law

Rating (19 users) *****
See Reviews
Wills, Trusts and Estates Lawyer
LegalMatch Wills, Trusts and Estates Lawyer Trace T.

Trace T.

Mesa, CO

Wills, Trusts and Estates

Rating (2 users) *****
See Reviews
Family Law Lawyer
LegalMatch Family Law Lawyer Justin C.

Justin C.

Johnson, MO

Family Law

Rating (6 users) *****
See Reviews

Need a Business Lawyer?

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