Selling a Business in Arizona

Flagstaff Business Attorneys Lawyers, AZ

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 Arizona 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 Flagstaff 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 Arizona and Federal law. As a final step, an agreement for the purchase will be reached, usually 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?

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. Since buyers in Flagstaff are generally concerned with acquiring control, they may be willing to allow other rights, such as the right to future earnings, to remain with the seller in exchange for the cheapest price on the right of control. These particularities make negotiations essential, during which each party should use the opportunity to voice their intentions and concerns.

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

6 Business - Transactional cases posted to LegalMatch lawyers in Flagstaff

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

Show Arizona Cities

Life in Flagstaff

With a different name, Flagstaff was named after a Ponderosa Pine flagpole made by a scouting party from Boston.  This name was given on July 4, 1876 while celebrating the United States Centennial.  Flagstaff, Arizona is home to approximately 65,870 people, and is located in northern Arizona. 

Popular attractions include the Grand Canyon National Park, Walnut Canyon National Monument, Wupatki National Monument, Barringer Crater, Glen Canyon National Recreation Area and Lake Powell.  Obviously, Flagstaff is a nature-lover's heaven.

The economy is primarily based on lumber, railroad, and ranching.  Many large corporations have locations in Flagstaff.  Such corporations include Lowell Observatory, Nestle Purina PetCare, Walgreens, and W.L. Gore & Associates.  With so many corporations and industries, Flagstaff is home to many small law firms with excellent attorneys devoted to excellent legal service.  If need be for a large law firm, Phoenix firms are available, with attorneys always willing to make the short trip to Flagstaff.  Therefore, Flagstaff is a community that is well-served by the legal industry.

As a side note, Flagstaff is known to many because running scenes from the hit film Forrest Gump were shot there!  Overall, Flagstaff is a wonderful area rich in culture and industry. 

How Can an Attorney Help?

The advice of a local lawyer practicing in Flagstaff will make it much easier to ensure the sale of your business is in compliance with Arizona law.

Find the Right Lawyer Now

Breach of Contract Lawyers in Other Arizona 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 Gregory M.

Gregory M.

Coconino, AZ

Business - Transactional

Rating (1 users) *****
See Reviews
Business - Transactional Lawyer
LegalMatch Business - Transactional Lawyer DeeAn G.

DeeAn G.

Maricopa Southwest, AZ

Business - Transactional

Rating (13 users) ****
See Reviews
General Practice Lawyer
LegalMatch General Practice Lawyer Edward C.

Edward C.

Pima, AZ

General Practice

Rating (14 users) *****
See Reviews
Employment and Labor Law Lawyer
LegalMatch Employment and Labor Law Lawyer Graham H.

Graham H.

Santa Barbara, CA

Employment and Labor Law

Rating (10 users) *****
See Reviews

Need a Business Lawyer?

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