BUYING & SELLING SMALL BUSINESSES

The Process of Buying or Selling a Small Business in New York

The decision to purchase or sell a small business is a pivotal one with many potential areas of legal complexity. Establishing a purchase price and terms of payment are only two of many key issues to be considered, and the success and efficiency of this move often depends on the knowledge of attorneys involved. At Jacobowitz and Gubits, LLP, you can work with business lawyers who have deep experience across the spectrum of local, domestic and international business transactions. Our strengths extend from upfront analysis to dispute resolution, with constant emphasis on issue spotting, diligence throughout the process, efficiency and value for our clients.

Comprehensive Business Transaction Guidance and Representation

Our attorneys are versed in all aspects of buying and selling small businesses, including vigilant protection of client interests in matters of:

  • Structuring transactions, including consideration of sale of assets vs. sale of stock and outstanding debt on any transferred assets
  • Financing, payment terms and security agreements
  • Tax analysis
  • Listing of property to be sold or retained
  • Business real property issues, including counsel on ownership vs. leasing
  • Zoning, licensing and permitting issues
  • Critical “carry-over” considerations associated with obligations and liabilities such as equipment leases, existing contracts, employees, stock options, accounts payable, accounts receivable and customer/supplier warranties and returns
  • Intellectual property rights and concerns involving business names and trademarks, copyrights and patents, Internet websites and domains, and social media activities on Facebook, Twitter and other sites
  • Trade secrets, non-compete agreements, confidentiality and consulting agreements
  • Pre-closing conduct and other transitional matters — including negotiation or litigation to resolve disputes

Full-Service Firm for Transactions, Litigation and Ongoing Counsel

If you have decided to sell your business or purchase an enterprise in the Hudson Valley or elsewhere, our New York small business lawyers are prepared to offer the utmost in focused counsel. To arrange an initial consultation, contact us at 845-764-9656 or 866-303-9595.