Selling a Business in Washington

Find the right Selling a Business attorney in Everett, WA

It can be profitable to sell a business, since years of work invested often make it an attractive buy. Being purchased by a competitor or a larger firm is something many businesses look forward to. Nevertheless, the transaction can be complicated. Certain Washington and Federal laws governing mergers, acquisitions, negotiations or securities exchanges may come into play during the sale of a business.

How Do I Sell a Business?

Of course, there must be an interested buyer with an offer in order to sell a business. The job of purchase agents in Everett is not only to acquire an offer, but they also lend advice about which offers should be considered. In order to decide the proper value for the rights you are selling, financial records must be updated and prepared to comply with Washington and Federal law. As an agreement for the purchase is reached, normally 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?

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 may use the business property as it sees fit. A party seeking to purchase an Everett business may not be concerned with all aspects of the company. In fact, purchasers are normally 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 essential. Each party should voice their intents and concerns during this process.

How Can an Attorney Help?

Parties who want to sell businesses must meet the requirements of Washington law. Ensuring that the sale is proper is much simpler with the advice of a local lawyer practicing in Everett.

Talk to a Business Law Attorney now!

Life in Everett

Everett is located in Snohomish County, Washington. It is well-recognized because it is approximately 25 miles from Seattle.

Some well-recognized areas include the assembly plant for Boeing Corporation, the U.S. Navy Homeport Naval Station Everett, and the USS Abraham Lincoln. Alongside these popular areas include many popular attractions. For instance, the Everett Symphony, the Evergreen Arboretum and Gardens, the Future of Flight Aviation Center Boeing Tour, Imagine Children's Museum, Narbeck Wetland Sanctuary, and the Performing Arts Center-Village Theater are sites that many visitors make sure to see before leaving Everett.

Top employers include Boeing, Naval Station Everett, Provident Regional Medial Center Everett, Frontier Communications Northwest, Aviation Technical Services and Zumiez.

Since many attorneys also call Everett home, they have established small practices to cater to the needs of residents. Thus, residents do not have to travel far to tend to their legal needs.

All in all, Everett is a wonderful place to visit or call home!

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