Buying a Business in Washington

The investing in a business can be the quickest route to a great return. Individuals and companies looking to buy businesses should be aware of the complications that can arise, however.

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

What Parts of the Business Am I Buying?

The purchase of a business in Seatac 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 Washington guidelines define the process of due diligence, and occasionally legal consequences arise when these procedures are not followed properly. Following the procedure 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 might add to the price as well. The procedure for how the right of control can be transferred or modified is defined by particular laws in Washington. Procedures may make buying a business more or less expensive than simply the market value of its assets.

How Can a Seatac Attorney Help?

The laws in Washington place many unique demands on parties seeking to purchase businesses. An attorney in Seatac, Washington can inform you of the particularities of your investment as it relates to local law, as well as advise you of the least costly route to acquiring control.