Buying a Business in Missouri

Buying a business can be a worthwhile investment, but whether it is purchased by an individual or another company, the transaction is complicated.

Specific regulations concerning mergers, acquisitions, negotiations or securities exchanges may be implicated when you buy a business. These areas are all governed by Federal and Missouri law.

What Parts of the Business Am I Buying?

Buying a business in Glendale is gaining the right to direct business operations. When a party directs operations as they see fit, their right is called ?control? of the business. Like ownership, control includes the right to all the property of the business as well as the assumption of the business debts. A complete picture of the financial position of the business is important for the buyer to make his decision. This picture is gained through a process called "due diligence". The process of due diligence uses Federal and Missouri guidelines to protect both parties. If these guidelines are not followed, a party may be found in breach of a legal duty. Following the process of due diligence faithfully, however, leads to a better informed decision about the purchase of the business. It can also help the ownership transfer to go more smoothly.

How Much Will the Business Cost?

How much the right of control will cost depends on how much ownership stake is required. The value of the property of the business may add to the price as well. There are specific laws in Missouri that dictate procedure for how the right of control of a company can be transferred and modified, and these procedures may make buying the business cheaper or more expensive, depending on a variety of factors.

How Can a Glendale Attorney Help?

There are unique requirements in Missouri that a party purchasing a business must fulfill. In Glendale, an attorney knowledgeable in Missouri law can inform you about the peculiarities of your investment and outline the cheapest way for you to purchase control.