Selling a Business in Connecticut

Find the right Selling a Business attorney in Windsor, CT

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. However, selling a business is rarely a simple affair. Parties to the purchase of a business must comply with Federal and Connecticut laws that govern mergers, acquisitions, negotiations and securities exchanges.

How Do I Sell a Business?

Obviously, the initial step in selling a business is to either receive an offer or solicit one. In Windsor, 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 Connecticut and Federal law. The reliability of these methods is crucial 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 imperative 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 may use the business property as it sees fit. Since buyers in Windsor 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. Because of the wide variety of different concerns buyers may have, negotiations are essential. Each party should voice their intents and concerns during this process.

How Can an Attorney Help?

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

Talk to a Business Law Attorney now!

Life in Windsor

Located in Hartford County, the beautiful town of Windsor, Connecticut is home to close to 30,000 residents. Filled with parks, churches, and annual events, Windsor provides its residents and visitors with lots of options.

Like many cities in Connecticut, Windsor has a strong connection to tobacco which still plays a role in the town's economy today. The Connecticut Family Tobacco Museum is located in town and takes visitors through the town's tobacco history. Windsor tobacco leaves are still produced today and used to make some of the finest cigars.

Windsor has a lot more than cigars to offer. Windsor lawyers are some of the best in the business. Specializing in a range of practice areas, Windsor lawyers are always available to competently serve their clients. Windsor lawyers are able to enjoy the many activities the city has to offer in their free time, giving the professionals the idea work/life balance. Windsor is also home to other thriving professional communities including: bankers, accountants and doctors

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