Calgary Corporate & Business Lawyers explains about Buying and Selling a Business: Business Acquisition & Sale Law Services
Like starting a business from the ground up, the sale and acquisition of an existing business come with its own set of legal challenges.
Thinking about buying or selling a business?
The entrepreneurial spirit is strong here in Calgary. Our city doesn’t just attract new start-ups; there’s lots of activity on the selling and acquiring of existing businesses.
When considering selling or buying a business, there are risks to consider. You may want to ask yourself:
- Are you paying/receiving a fair price?
- Have you considered all of the hidden costs involved in the transaction?
- Is the financing secured and ready?
- If purchasing, how liable are you if the business fails?
- If selling, have you been upfront and transparent? Could future legal proceedings result from concealing critical information from the buyer?
These are all crucial factors to consider, and despite how successful and established the company is, new ownership can change the course for the brand (for better, or for worse). This is why we strongly recommend seeking a qualified lawyer’s help before any business transactions occur.
It’s crucial to protect yourself by first understanding all of the possible outcomes involved in the acquisition process.
Osuji & Smith Lawyers have conditioned corporate lawyers that can help you break down and understand the details involved in your business’s sale. We’ll speak to you in a language that you can understand to help you make better business decisions.
Osuji & Smith is here to offer support as you navigate this exciting path.
If you have any questions regarding business law here in Calgary, please reach out!
Osuji & Smith Lawyers have experience in a wide variety of industries.
Regardless of the nature of your business, we’re here to help.
