Selling a Business in New Hampshire

Find the right Selling a Business attorney in Derry, NH

After years of work in a business, it can be quite profitable to sell it. Being acquired by a larger company is something that many hope for. The sale can be complicated, however. There are Federal and New Hampshire laws concerning mergers, acquisitions, negotiations and securities exchanges that must be followed.

How Do I Sell a Business?

To sell a business there must be an offer, whether it is solicited or not. Purchase agents in Derry not only help to secure an offer, but also lends advice about which offers are worthwhile to consider. Determining 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 New Hampshire and Federal law. As a final step, an agreement for the purchase will be reached, usually in the form of a written contract. It should be reviewed by all parties to ensure that what was agreed upon is accurately presented.

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. A party seeking to purchase a Derry business may not be concerned with all aspects of the company. In fact, purchasers are usually interested in acquiring control as cheaply as possible, and this may allow other rights, including the right to future earnings, to be apportioned or even retained by the seller. 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?

The advice of a local attorney practicing in Derry will make it much easier to ensure the sale of your business is in compliance with New Hampshire law.

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Life in Derry

Named after a city in Ireland, Derry, New Hampshire is located an hour Boston and an hour from the Great White Mountains of New Hampshire. With a location like that, it is no wonder people enjoy living and visiting Derry. Derry's Irish meaning is "oak woods." The town of Derry is located in Rockingham County and home to close to 35,000 residents.

Derry happens to be the fourth most populous community in the state of New Hampshire. Derry is home to wonderful museums and an opera house that make it an enjoyable place to live and visit. Derry also has a nationally recognized public and private school education system, a factor many parents in Derry enjoy.

With such a close proximity to Boston, home to Harvard Law School and Boston Law School (to name a few) it is no wonder that there are so many talented lawyers in Derry. Derry Lawyers specialize in a range of legal practices and are able to serve their local clients with a high level of competence. Lawyers in Derry can help their clients with any legal issue they may find themselves dealing with. Derry lawyers are just another positive aspect of this charming city.

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