Buying a Business in Maryland

Investing in a business can be profitable for companies and private parties. The transaction can be complicated, however.

Federal and Maryland 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?

A purchaser of a business in Mount Airy gains a right called "control", which is the right to direct the business operations as they see fit. Control involves ownership of the business assets and customers, along with 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. Through due diligence, federal and Maryland guidelines are used to inform both parties, and there may be legal consequences for not following these guidelines properly. 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?

Control of a business is sold for an amount that is necessary for a party to acquire an ownership stake. The value of the business property and the type of business factor in to determine the exact price. The procedure for how the right of control can be transferred or modified is defined by particular laws in Maryland. Procedures may make buying a business more or less expensive than simply the market value of its assets.

How Can a Mount Airy Attorney Help?

Maryland poses unique demands that a party purchasing a business must meet. Lawyers practicing in Mount Airy are experienced in Maryland law, and can find the cheapest way for you to purchase control of a business.