Buying a Business in Wisconsin

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

Buying a business sometimes involves laws concerning mergers, acquisitions, negotiations or securities exchanges. These fields are governed by Wisconsin and Federal law.

What Parts of the Business Am I Buying?

When someone buys a business in Germantown, they are actually gaining the right to direct business operations as they see fit. This right is called ?control? of the business. Control entails ownership of all the assets and customer base of the business, but it also includes the responsibility for that company?s debts and liabilities. 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". Federal and Wisconsin guidelines define the process of due diligence, and sometimes legal consequences arise when these procedures are not followed properly. 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?

The price of a business depends on the value of the ownership stake that is necessary to exert control, and this in turn is decided somewhat by the value of the business property and the type of business. The process for how the right of control can be transferred or modified is defined by specific laws in Wisconsin. Procedures may make buying a business more or less expensive than simply the market value of its assets.

How Can a Germantown Attorney Help?

The laws in Wisconsin place many unique demands on parties seeking to purchase businesses. An attorney in Germantown, Wisconsin 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.