The process of buying and selling a Florida business is usually done through confidential deals. The most common reason for this is because the seller of the business does not want to scare their customers or employees. The confidential nature of the deal is also good for the buyer, as these will become his customers and employees and the confidentiality usually makes the transition smoother.
If you are interested in buying or selling a Florida business, it is important to create the right team to assist you. This team includes a business broker, a Florida business attorney, and a CPA.
The confidential nature of buying and selling a Florida business adds a need to protect yourself from a potential lawsuit, which is why it is important to have the assistance of a Florida business law attorney.
In addition to reviewing the confidentiality agreement that will most likely be involved in the transaction, an attorney will be able to review any other needed contracts, including the asset purchase agreement, as well as assist your business broker, CPA, and yourself with legal advice needed throughout the process.
If you are a foreign national who is interested in buying a Florida business, you may also qualify for an investor’s visa, such as an E2 visa or EB5 visa. If you are interested in buying or selling a Florida business, then contact Boyer Law Firm today.