Selling a Business in Georgia

Find the right Selling a Business attorney in Hinesville, GA

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 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 Hinesville not only help to acquire an offer, but also lends 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 Georgia and Federal law. As an agreement for the purchase is reached, normally a formal contract will be written. It is important to review such documents before they are signed so that all aspects of the agreement are presented properly.

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. A party seeking to purchase a Hinesville business may not be concerned with all aspects of the company. In fact, purchasers are normally interested in acquiring control as cheaply as possible, and this may allow other rights, including the right to future earnings, to be apportioned or even retained by the seller. 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?

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 lawyer practicing in Hinesville.

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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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