Buying a Business in Missouri

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

There are particular laws in Missouri and the US that concern negotiations, mergers, acquisitions and securities exchanges. You may need to consider how these laws impact your situation before you buy a business.

What Parts of the Business Am I Buying?

The purchase of a business in Clay County is actually the purchasing of a right called "control". With this right, a party can direct business operations as it sees fit, it acquires ownership of business assets, and it assumes liability for all business debts. A complete picture of the financial position of the business is important for the purchaser to make his decision. This picture is acquired through a process called "due diligence". Federal and Missouri guidelines are used in the process of due diligence, and not using these guidelines can lead to legal consequences. 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?

How much a business will cost varies on the type of business, how much ownership stake you need to assert control, and the value of the business property. The procedure for how the right of control can be transferred or modified is defined by particular laws in Missouri. Procedures may make buying a business more or less expensive than simply the market value of its assets.

How Can a Clay County Attorney Help?

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