Selling a Business in Georgia

Find the right Selling a Business attorney in Savannah, 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 Savannah not only help to secure an offer, but also lends advice about which offers are worthwhile to consider. Determining the correct value for the rights you are selling is critical in this process. To do this, financial statements must be updated and prepared to comply with Georgia and Federal law. As a final step, an agreement for the purchase will be reached, usually in the form of a written contract. It should be reviewed by all parties to ensure that what was agreed upon is 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 can use the business property as it sees fit. The buyer of a business in Savannah may be interested only in control of the business, and other rights within the company may not be as important. Buyers are usually looking for the cheapest route to control, and this may allow the seller to retain other rights such as the right to future earnings. Negotiations become vital 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 law in Georgia places certain demands on parties who want to sell a business. Attorneys in Savannah are qualified to advise you in this process and ensure that the sale is in compliance with the law.

Talk to a Business Law Attorney now!

Life in Savannah

Savannah, Georgia is the county seat for Chatham County. It is the largest city in the county and was Georgia's original state capital. Savannah is also an important industrial hub and a functional Atlantic seaport.

Savannah is internationally known for being a model of "Southern hospitality and charm". The city's culture, architecture, and history have earned it the nickname of "Hostess City of the South". The nickname is a reference to the warm and cordial atmosphere of the city and its residents. In particular, Savannah's cozy downtown area attracts many visitors and is one of the U.S.' largest National Historic Landmarks.

Music plays a major role in Savannah culture. Year-round, the city hosts several music festivals, such as the annual Savannah Jazz Festival and the Savannah Music Festival. Several rock bands had their start in Savannah. The Savannah Civic Center also hosts concerts and features over 900 different events every year. Savannah, Georgia is frequently mentioned in popular films, television shows, and in literature.

Lawyers in Savannah, Georgia practice in many areas of law in order to meet the diverse needs of the community. Many Savannah lawyers are part of the Savannah Bar Association and other local and voluntary bar organizations

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