Our attorneys counsel buyers and sellers of small businesses on the steps involved in commercial transactions, starting with developing or reviewing their letters of intent or memoranda of understanding and reviewing and negotiating their purchase and sale contracts. We assist buyers with selecting the appropriate entity in which to hold business assets and real estate by evaluating the costs and tax effects of these choices. Our attorneys counsel buyers and sellers on the necessary due diligence required to purchase a business, including, but not limited to, inspections, appraisals, business inventory, licensing and insurance considerations. We guide clients through the entire transaction. Additionally, we counsel clients on financing options, including reviewing and negotiating the terms and conditions of the financing and the related financing documents.

Some of the typical acquisition and sale documents we may prepare, review and/or negotiate include the following:

• Letters of Intent
• Memoranda of Understanding
• Offers to Purchase
• Purchase and Sale Agreements
• Asset Purchase Agreements
• Stock Purchase Agreements
• Corporate Authority Documentation
• License and Permit Agreement
• Bills of Sale
• Franchise License Agreements and Assignments
• Commercial Loan Agreements
• Commercial Promissory Notes
• Mortgage and Security Agreements
• Assignments of Leases and Rents
• Assignments of Licenses and Permits
• Guaranty of Loans
• Transfer Deeds
• Real Estate Title Abstracts
• Uniform Commercial Code Financing Statements
• Closing Settlement Statements
• Appraisals (business and commercial real estate)