Do you have your eye on a competitor that’s ready to sell their business? Our Madisonville, TN, business purchase lawyer can assist you in completing the transaction and securing the best possible deal. Or maybe it’s time to hang up your hat and sell your company. Our attorneys can also assist you in this matter, helping you find a qualified buyer and verifying their ability to purchase your business. We advise you on whether a deal is viable and how to protect your financial and business interests in the transaction. Call Carpenter & Lewis PLLC today for a consultation.
Buying a business is a complex transaction that must comply with specific legal requirements. It’s also a significant investment, whether you’re taking over the reins of an existing, operating establishment or adding a smaller business to your enterprise. We handle all the legal aspects of purchasing a business on your behalf, from vetting the company you have your eye on to handling the closing paperwork.
Not all potential purchases are good ones. The business you seek to purchase may be underwater in debt, its products or services may soon be obsolete, or it simply doesn’t have enough demand to remain profitable, no matter what changes you’re considering making to it once it’s yours. We conduct a thorough risk analysis of the proposed purchase and evaluate whether it’s a good investment for you.
Our experience representing businesses that have encountered legal or financial difficulties has given us a keen eye for spotting potential problems. We use our discernment to identify potential liabilities and risks associated with the business you wish to purchase. We also review your current business structure to determine if you need to change the type of entity it is after absorbing the purchase and ensure that you can legally acquire the entity under your existing business structure.
If we agree that this is the right purchase to make, then we can advise you during negotiations or even handle them on your behalf. Our legal team has specific training for negotiations, and our position as a more neutral party can ensure you get the best possible deal. Once the deal is complete, we’ll draft the purchase contract and provide any other legal requirements associated with the transaction, including financing, licensing, and compliance.
Buying or selling a business can either be a boon or a nightmare. Our experienced Madisonville business purchase lawyer ensures that the transaction aligns with your financial goals and proceeds smoothly. From risk analysis and due diligence to negotiating the best deal for your sale or purchase, you’re in good hands.
Let’s take your business to the next level together. Contact Carpenter & Lewis PLLC today for a professional consultation.
“We own several businesses and have had the pleasure of working with Stephen and his team for over 9 years now. He always comes through in a pinch. They have assisted us with leases, estate planning, company formations and even landlord issues. I highly recommend them for all your business attorney needs!”
Mary Ellen Nichols
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10413 Kingston Pike, Suite 200
Knoxville, Tennessee 37922
New Clients: (865) 509-9600
Existing Clients: (865) 690-4997
Facsimile: (865) 690-4790
10413 Kingston Pike, Suite 200 Knoxville, Tennessee 37922
Also Serving: Farragut TN
New Clients: (865) 509-9600
Existing Clients: (865) 690-4997
Facsimile: (865) 690-4790
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