Selling a Business in Massachusetts

Find the right Selling a Business attorney in Newton, 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 initial step in selling a Newton 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. Deciding 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 Massachusetts and Federal law. Normally 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 may use the business property as it sees fit. The buyer of a business in Newton may be interested only in control of the business, and other rights within the company may not be as important. Buyers are normally 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 essential 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 Massachusetts places certain demands on parties who want to sell a business. Lawyers in Newton 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 Newton

Newton is the eleventh largest city in Massachusetts. It has a population of around 85,146 people.

Some famous attractions include Crystyal Lake, the Newton History Museum at the Jackson Homestead, Heartbreak Hill, Echo Bridge, Norumbega Park, Chestnut Hill Reservoir, Bullough's Pond, and the Totem Pole Ballroom.

The city also has some buildings that boast beautiful architecture. Some examples are the First Baptish Church located in Newton Centre. Another is the WHDH-TV tower. Interestingly enough, it is one of the tallest free-standing lattice towers in the U.S.!

Many attorneys have founded small offices and law firms to tend to the legal needs of residents. These attorneys are very capable and easily take care of any and every legal inquiry.

Overall, Newton is a city rich in history and culture; it provides residents with a wonderful place to call home!

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