If you plan to buy or sell a business, it is vital to have the right business attorney by your side. These types of transactions often involve large sums of money, real estate assets, and in some cases, the transfer of proprietary information like trademarks, trade secrets, and other intellectual property. Since buying and selling a business is a high risk endeavor, you should always do your due diligence before entering into any negotiations and have legal representation from an experienced litigator. The team at the law firm of Charles T. Newland & Associates is here to help clients throughout Cook and Lake County manage mergers and acquisitions. Over the years, we have assisted clients in the buying and selling of a variety of different types of businesses, such as: retail stores, restaurants, general contractors and professional practices like medical professionals, dental practices, optometry practices.
To ensure that all your commercial transactions are safe and in full compliance with Illinois state laws, there are several tasks that must first be accomplished. All paperwork must be completed fully and contain clearly defined terms for each party, and provisions must be in place to prevent tax penalties, safeguard your intellectual property, and more. A seasoned business attorney can oversee all these tasks and review the fine print to make sure you are making a good deal. By partnering with our firm, you can gain valuable peace of mind knowing your business venture is in capable hands.
If you would like more information about protecting your interests during the sale or purchase of a business, reach out to the law firm of Charles T. Newland & Associates today. Our team of business attorneys is here to ensure a bright future for you and your business. Call us for your free consultation.