Posts

Two Ways to Structure a Business Sale:  Selling Assets vs. Selling Equity
August 16, 2019

Small business acquisitions and sales are monumental transactions for the average entrepreneur. The process will be filled with dozens of important decisions, discussions, documents, and logistics.  Some deals are negotiated and closed within…

#RVABizLaw Tip of the Day: Preparing Your Business for Sale by Communicating with Your Employees—Timing is Everything
September 24, 2018

Openly communicating with your employees about the sale of your business is a critically important and monumentally difficult task. When, where, and how should you have this talk with your team? Spilling this information too early could cause…

#RVABizLaw Tip of the Day: Using a Letter of Intent to Jumpstart a Small Business Acquisition Deal
April 27, 2018

Buying or selling a small business is a process.  Before investing the time and expense of drafting a full-blown acquisition agreement, parties will often prepare a preliminary document, typically referred to as a letter of intent (also referred…