Selling a Business in California

Concord Business Attorneys Lawyers, CA

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 process of selling your business can be complex, however. Federal and California laws over mergers, acquisitions, negotiations and securities exchanges may be important in the transaction.

How Do I Sell a Business?

Obviously, the first step in selling a business is to either receive an offer or solicit one. In Concord, purchase agents do more than simply find buyers. They also lend advice about which offers are worthwhile to consider. During this process, the financial records must be updated and prepared in strict accordance with California and Federal law. The reliability of these methods is necessary in determining the proper value for the rights you are selling. A formal contracts will likely be written to solidify the sales agreement. Careful review of this agreement is essential so that all concerns voiced during negotiations are 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 can use the business property as it sees fit. Because the right of control is separable, the buyer of a business in Concord may not be interested in other rights within the company. Actually, control is typically cheaper to purchase without other rights such as the right to future earnings. Sometimes buyers negotiate to allow those right to remain with the seller. Negotiations during the sales process are vital, and they should be used as an opportunity to voice fully each party?s intentions and concerns.

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

50 Business - Transactional cases posted to LegalMatch lawyers in Concord

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

Show California Cities

Life in Concord

Concord, California is the largest city in Contra Costa County, California. It has a population of over 122,000 people, making it one of the largest suburbs in the San Francisco Bay Area. 

Concord was founded in 1869, and was originally named "Todos Santos," meaning "All Saints." Adjacent to Concord, California is Port Chicago - a major Navy supply depot. In 1944, it was the site of one of the biggest naval disasters to ever occur on the U.S. mainland. Sailors were loading munitions onto a large cargo ship. 

The munitions on the ship detonated, causing a massive explosion, killing 320 sailors and civilians - most of them African-American. This led to over 200 African-American sailors refusing to load munitions due to unsafe working conditions, resulting in the largest mutiny trial in U.S. Navy history, in which 50 men were convicted. Thurgood Marshall, a lawyer and future Supreme Court justice, sat in on most of the proceedings and claimed that they were prejudiced against the defendants. The men were sentenced to long prison terms, but were released after a few years. These events led to the Navy hastening its desegregation plans, and making efforts to improve working conditions.

Several lawyers from in and around Concord, California were likely involved in these proceedings.

If you live in Concord, California, and are in need of legal advice, the lawyers of Concord, California can help. A Concord, California attorney can probably assist you with virtually any legal issue you're likely to face.

How Can an Attorney Help?

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

Find the Right Lawyer Now

Breach of Contract Lawyers in Other California 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 William W.

William W.

Contra Costa, CA

Business - Transactional

Rating (1 users) *****
See Reviews
Business - Transactional Lawyer
LegalMatch Business - Transactional Lawyer Mark W.

Mark W.

Contra Costa, CA

Business - Transactional

Rating (9 users) *****
See Reviews
Business - Transactional Lawyer
LegalMatch Business - Transactional Lawyer Daniel W.

Daniel W.

San Diego, CA

Business - Transactional

Rating (3 users) ****
See Reviews
Business - Transactional Lawyer
LegalMatch Business - Transactional Lawyer Cynthia F.

Cynthia F.

Los Angeles West, CA

Business - Transactional

Rating (2 users) *****
See Reviews

Need a Business Lawyer?

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