Selling a Business in Georgia

Find the right Selling a Business attorney in Dalton, GA

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

How Do I Sell a Business?

To sell a business there must be an offer, whether it is solicited or not. Purchase agents in Dalton 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 Georgia 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 buyer of a business in Dalton may be interested only in control of the business, and other rights within the company may not be as important. Buyers are typically looking for the cheapest route to control, and this may allow the seller to retain other rights such as the right to future earnings. The wide variety of concerns that buyers may have make the negotiations process particularly vital. It's important at the beginning for each party to make plain their intentions and concerns.

How Can an Attorney Help?

Parties who want to sell businesses must meet the requirements of Georgia law. Ensuring that the sale is proper is much simpler with the advice of a local attorney practicing in Dalton.

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Life in Dalton

Located in the foothills of the Blue Ridge mountains, Dalton, Georgia is a self-proclaimed great place to live, work, and play. Home to roughly 33,000 residents Dalton has major Southern charm.

Known as the carpet capital of the world, Dalton is home to many of the nation's top carpet companies. Home to over 150 carpet factories, more than 90% of the world's carpet is produced in Dalton! Dalton also had many civil war relics and other historical sites, making it a great place for history buffs to visit and Dalton residents to admire and ejoy. In fact, Dalton was recently recognized as having more intact Civil Way artifacts than any other city in the country.

Fast forwarding from the civil war, Dalton is also home to many talented lawyers. Dalton lawyers specialize in a range of legal issues and are available to help serve their clients in any capacity they may find themselves dealing with. If you find yourself in Dalton, and in need of a top-notch attorney, then look no further. Dalton,Georgia is a great place for carpet, history lessons, and great attorneys.

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