Posts
Two Ways to Structure a Business Sale: Selling Assets vs. Selling EquityAugust 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 EverythingSeptember 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 DealApril 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…