Selling a Business in Massachusetts

Find the right Selling a Business attorney in Barnstable, MA

It can be quite profitable to sell a business after years of work. The hopes of one day being acquired by a larger firm are shared by many businesses. However, selling a business is rarely a simple affair. Parties to the purchase of a business must comply with Federal and Massachusetts laws that govern mergers, acquisitions, negotiations and securities exchanges.

How Do I Sell a Business?

The first step in selling a Barnstable business is soliciting an offer. A purchase agent can help you find prospective buyers, as well as advise you concerning whether offers that you receive are worth consideration. In order to determine the proper value for the rights you are selling, financial records must be updated and prepared to comply with Massachusetts and Federal law. As an agreement for the purchase is reached, usually 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 can use the business property as it sees fit. The right of control can be separated easily from the business, and this often leads the buyers in Barnstable to be less interested in other rights within the company. In fact, buyers generally leave other rights, such as the right to future earnings, with the sellers so that they can acquire control more cheaply. Because of the wide variety of different concerns buyers may have, negotiations are vital. Each party should voice their intents and concerns during this process.

How Can an Attorney Help?

Massachusetts law places certain requirements on parties selling a business. Making the sale run properly and smoothly is much easier with the advice of a local attorney practicing in Barnstable.

Talk to a Business Law Attorney now!

Life in Barnstable

Barnstable is often called the "Town of Barnstable." It is located in Barnstable County. In fact, it is the largest community on Cape Cod. Interestingly, Barnstable has seven villages within the city. The largest village is Hyannis, which is also the central business district. Another interesting fact about Barnstable is that in 2007, it was the All-American City Award winner.

Barnstabe has had some very famous residents. People such as Sam Barber, Joe Cronin, Judy Garland, Raymond Goulding, And Hallett, John Havlicek, Jack Kerouac, Dan LaCouture, Larry Page, and Eden White have once called Barnstable home.

Barnstable is also home to attorneys who have set up small law offices. These attorneys are competent to take on any legal inquiry and bring their clients justice.

All in all, Barnstable is a city that provides residents with small town charm and a wonderful quality of life!

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