Selling a Business in South Carolina

Find the right Selling a Business attorney in Greenville, SC

Selling a business can be quite profitable after years of work invested. Many businesses look forward to one day being bought by larger firms. The sale can be complicated, however. There are Federal and South Carolina 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 Greenville not only help to acquire an offer, but also lends advice about which offers are worthwhile to consider. Preparing financial records to comply with South Carolina and Federal law is imperative and will help determine the proper value for the rights you are selling. As an agreement for the purchase is reached, usually a formal contract will be written. It is important to review such documents before they are signed so that all aspects of the agreement are presented properly.

What Will I Give Up in the Business?

Essentially, the sale of a business entails the passing of a right known as ?control?. With control of a business, a party might direct its operations and dispose of its property as it sees fit. Since buyers in Greenville are generally concerned with acquiring control, they may be willing to allow other rights, such as the right to future earnings, to remain with the seller in exchange for the cheapest price on the right of control. These particularities make negotiations essential, during which each party should use the opportunity to voice their intentions and concerns.

How Can an Attorney Help?

The advice of a local lawyer practicing in Greenville will make it much easier to ensure the sale of your business is in compliance with South Carolina law.

Talk to a Business Law Attorney now!

Life in Greenville

Greenville is a great city in South Carolina for families to live and visit! The city has it all--art galleries, scenic property, museums, and beauty!

Some popular sites include Falls Park on the Reedy (downtown), Heritage Green Arts and Cultural Complex, the Greenville Zoo, Metropolitan Arts Council, the Carolina First Center, Augusta Road, and Haywood Mall.

Greenville is also home to many attorneys who practice in various areas of law. These attorneys focus on providing personalized services to their clients--residents and local businesses.

Overall, Greenville is a great family-oriented city with a community-like feel to it!

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