More Than 25 Years Of Experience Helping Clients Buy And Sell Businesses
Buying a business can entail a great deal of anxiety, as well as excitement. You are moving a step closer to your dream, but do you really have all the information you need to make an informed decision? Are there hidden problems that will only show themselves after the purchase?
When buying a business, it is incumbent upon the buyer to investigate the company that he or she is intending to purchase. A thorough investigation of the company’s assets and liabilities, contracts, leases, customers, profits, losses, employment policies and practices, etc., can prevent costly surprises and legal complications from arising after the business purchase is complete.
We Pay Attention To The Details
Let the business attorneys at Lanard and Associates guide you through the process of buying a business, from the letter of intent to the closing statement. We have decades of experience helping entrepreneurs, prospective business owners and established businesses achieve their business goals with the purchase of a company or a franchise. We delve deeply into the records of the business being acquired to identify potential concerns and help you make an informed decision.
Ensure That The Purchase Of Your Business Proceeds Smoothly
With a due diligence review of the business you intend to purchase, we can provide clear, understandable information regarding the nature of the business and its assets and liabilities so you can determine if the price and assets are fairly presented.
Thorough Due Diligence Review
Our due diligence review covers a wide range of important elements, including a review of:
- State tax and corporate filing status
- Customer contracts
- Real property owned or leased, mortgages held and real estate title
- Lists of suppliers and review vendor agreements
- Equipment leases and title
- Lists of creditors, outstanding liens on assets and any promissory notes or financial obligations
- Intellectual property portfolio
- Compliance concerns with environmental issues, OSHA and taxes
- Employee contracts and benefits
- Customer information and warranties
- Outstanding litigation
Speak With Our Legal Team
Schedule your free consultation today. You can call Lanard and Associates at 215-392-0030. With our primary office just outside of Philadelphia, we have attorneys across the United States and serve clients across the country.
It’s rare for me to write a letter like this but I just had to thank you for everything you’ve done for me the past few weeks. You are an efficient, thorough, and extremely professional attorney who actually understands and cares about deadlines. I’d have to say that what impressed me the most was your availability for me both Saturday afternoon and Sunday morning for last-minute revisions before the big meeting! I’ve already given your name out to a few people and plan to keep doing so. Thanks for everything, Nancy!”