OVERVIEW: Often, starting a new business venture begins during the purchase or sale of an existing business. Not all new businesses of course must start from scratch. Just as in the case of starting a new company, many decisions must be made when there is a purchase of sale of an existing business. First and foremost, a decision must be made as to what you want to sell or acquire. That is it say, what assets and debts of the company be involved, will there be a transfer of corporate shares, or simply will the right to conduct a business upon that particular location be acquired? Depending upon your intentions, various agreements concerning the business will have to be analyzed so as to ascertain the impact of a purchase or sale upon them. Likewise, almost all business licenses will need to be updated to reflect a change in ownership. More importantly, a lease will have to be reviewed and agreements will have to be put in place if your purchase and intentions reflect a desire to continue to do business at the same location. For after all, purchasing a business but latter finding out that the current landlord will not rent to you does not help you in your desire to stay at that location. 

KEY BENEFITS: Miami Attorney for the preparation or review of all sales transaction documents and agreements. Analysis of impact upon existing business agreements and commitments. Available to update all necessary corporate and business license records.

Note: The results and/or recoveries in individual cases are based on the facts and circumstances of that case.  Past results and recoveries achieved in similar cases are not an indication of the type of result or recovery that may be reached in your case.  Nothing stated herein is nor should be construed to be a guarantee of a result or recovery for your particular case.

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RELEVANT FLORIDA STATUES

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