Buying a Business in Georgia

Find the right Buying a Business attorney in Hinesville, GA

Buying a Business in Georgia

Purchasing a business can be an beneficial investment for both individuals and companies. However, the transaction is much more complicated than a normal purchase.

Federal and Georgia law concerning mergers, acquisitions, negotiations and securities exchange occasionally come into play during the purchase of a business

What Parts of the Business Am I Buying?

If a party wants to direct business operations, the best way is to acquire a right called "control". With control of a business, the party gains all assets and the customer base of the business, plus it also assumed the company's debts. To balance the positives and negatives, the party buying a business must get a complete picture of the financial position of the business. Through a process called "due diligence", a buyer acquires this understanding. In the process of due diligence, Federal and Georgia guidelines are used to inform both parties. If there is a violation from these guidelines, one party may be held legally accountable. However, the best informed decision about whether to buy the business can only be obtained through obedience to the due diligence process. Added benefits also include a smoother transition once the business is bought.

How Much Will the Business Cost?

How much a business will cost varies on the type of business, how much ownership stake you need to assert control, and the value of the business property. The procedure for how the right of control can be transferred or modified is defined by particular laws in Georgia. Procedures may make buying a business more or less expensive than simply the market value of its assets.

How Can a Hinesville Attorney Help?

There are unique requirements in Georgia that a party purchasing a business must fulfill. In Hinesville, an attorney experienced in Georgia law can inform you about the peculiarities of your investment and outline the cheapest way for you to gain control.

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Life in Hinesville

Hinesville is home to 35,000 Georgians who live in the seat of Liberty County. The city covers a total of 16.3 square miles of pristine Georgia land. Hinesville is known for its coastal channels that provide plentiful water and food for local deer and wild hogs living in the dense forests of pine and oak trees. Residents and visitors experience these majestic woods and wildlife firsthand at the Cay Creek Wetlands. The wetlands are waterways that stretch between Hinesville and Midway including the historic Liberty Trail. There are also a number of lawyers in Hinesville who know local courts. Hinesville lawyers take many different cases and are able to practice statewide but often have more experience with local courts.  

Another one of Hinesville's many claims to fame is hometown of 3 Declaration of Independence signers: Lyman Hall, George Walton, and Button Gwinnett. The city isn't all historical and natural attractions. Hinesville is also home to some of the best shopping in the area with a number of chain and boutique shops. There are also a number of popular restaurants in Hinesville. The center of the city and old town sections are the most popular providing a mix of shopping, restaurants, and great nightlife. 

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