Selling a Business in Florida

Find the right Selling a Business attorney in Palm Beach, FL

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 Florida laws that govern mergers, acquisitions, negotiations and securities exchanges.

How Do I Sell a Business?

An offer is the initial step in selling a business, whether you solicit one or simply receive one spontaneously. In addition to securing a prospective buyer, purchase agents in Palm Beach can lend advice about which offers are worthwhile to consider. In order to decide the proper value for the rights you are selling, financial records must be updated and prepared to comply with Florida and Federal law. Normally 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?

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. Because the right of control is separable, the buyer of a business in Palm Beach may not be interested in other rights within the company. Actually, control is normally 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 become essential in light of these particularities, and each party should use negotiations as an opportunity to make plain their intentions and concerns.

How Can an Attorney Help?

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

Talk to a Business Law Attorney now!

Life in Palm Beach

Palm Beach is a beautiful area located in Palm Beach County, Florida. It is surrounded by West Palm Beach and Lake Worth. It is a small city with a population around the mid 30,000s.

What is interesting is that the area started off as a resort founded by the oil mogul Henry Morrison Flagler. Later Edward R. Bradley bought this area and it was named Palm Beach.

Palm Beach today is a very beautiful area with a relatively affluent community. Some of the prominent industries include health care and tourism. Further, the area is filled with law firms that can handle any and every legal inquiry of residents and local corporations.

Some common tourist attractions include Four Arts Garden, Mar-A-Lago, the Flagler Museum, Pan's Garden, and some fine dining and shopping around Worth Avenue.

Some famous people who have called Palm Beach home include Mark Patton, James Patteron, Ivana Trump, Jimmy Buffett, Michael Jackson, and John Lennon.

All in all, Palm Beach is a small community that offers residents a wonderful quality of life!

Clients Rate LegalMatch Attorneys
(click to read reviews)

Howard B.
Howard B.

Business - Litigation

Rye Brook, NY

Mark B.
Mark B.

Business - Litigation

Roseland, NJ

David A.
David A.

Business - Litigation

Walnut Creek, CA