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The Role of a Lawyer in Business Purchase Agreements When buying or selling a business, a Business Purchase Agreement is crucial to ensuring a smooth transaction. A lawyer specializing in business purchase agreements can help navigate the complexities of the deal, including contract negotiations, due diligence, and legal compliance. This article explores the essential role of a lawyer in safeguarding your interests, minimizing risks, and ensuring that the agreement is fair, legally sound, and in line with your business goals. #Business_purchase_agreement_lawyer #Sell_a_business_legal_advice #Business_transaction_attorney_Modesto #Review_business_sale_contract #Business_acquisition_legal_help #Protect_business_sale_transaction #Legal_review_of_business_purchase #Business_valuation_legal_services #Business_sale_contract_lawyer #Liability_in_business_transactions https://www.svhlaw.com/2024/08/21/should-a-lawyer-review-my-business-purchase-agreement/

SHOULD A LAWYER REVIEW MY BUSINESS PURCHASE AGREEMENT? Are you selling your business? Are you acquiring a business? Either way, you may wonder, “Should a lawyer review my business purchase agreement?” The short answer is yes. Below, our Modesto business lawyers explain 3 reasons why you should have a lawyer review your purchase of business agreement. What Is a Business Purchase Agreement? Many legal documents go into the sale or acquisition of a business. A business purchase agreement, also known as a sale of business contract or a purchase of business agreement, transfers business ownership from the seller to the buyer. 3 Reasons Why a Lawyer Should Review Your Business Purchase Agreement Whether you are selling your business or purchasing one, we recommend that you have an experienced business transaction lawyer help you with the agreement. When you take part in a business transaction, you must navigate complicated areas of law. Our Modesto business transaction lawyers discuss three reasons to consult with an attorney below: #1: Get a True Understanding of the Value of the Business An experienced business transaction attorney can help you understand the true value of the business. If you are purchasing a business, then you want to ensure that you understand exactly what you are purchasing. The contract should include every item included in the sale, including assets and liabilities. For example, listed assets may include, but are not limited to: • Physical assets, such as a brick and mortar or inventory • Trademarks and/or other intellectual property • Trade secrets • Brand assets, such as the business name, logo and website Debts should also be listed, such as loans or payroll. Working with an attorney is just as important if you are selling your business. You want to ensure your interests are protected. Are you selling your company for a fair price? What are the terms of the sale? How will you be paid, and when? These conditions should be laid out in the purchase agreement. #2: Protect Each Party From Liability It is important that each party discloses important financial information that may affect the transaction. Disclosing accurate information can protect the buyer from business liabilities with the purchase. It can also protect the seller. For example, it may prevent the seller from dealing with a buyer with poor credit issues. Each party should disclose information about any debts, fines, lawsuits or legal obligations. An experienced lawyer can ensure that each party provides accurate and complete financial information for the deal. #3: Know What You Are Signing Selling or purchasing a business is a complicated process. There is a lot to consider, including local laws, to ensure that each party is protected and the transaction is legally binding. If you are selling your business, an experienced business transaction lawyer can help you with every step of the process. Your lawyer can work with other professionals, such as your accountant, to get a true value of your company. Then, your lawyer can draft the purchase agreement with your best interests in mind, as well as in a positive way to potential buyers. Your lawyer will ensure that the transaction is legally-binding and will hold up in a court of law. If you are purchasing a business, a lawyer experienced in business transactions can help you to understand the terms and conditions of the contract. Your lawyer can review the terms, ensure that your interests are protected, and negotiate terms on your behalf if necessary. Contact Swingle, Van Egmond & Heitlinger Today If you are buying or selling a business, reach out to Swingle, Van Egmond & Heitlinger today. We have decades of experience handling business transactions of all sizes. We can help you feel confident about your business decisions. Call us at (209) 522-2211 or contact us online to schedule a consultation. We provide in-person and virtual consultations. #Business_purchase_agreement_lawyer #Sell_a_business_legal_advice #Business_transaction_attorney_Modesto #Review_business_sale_contract #Business_acquisition_legal_help #Protect_business_sale_transaction #Legal_review_of_business_purchase #Business_valuation_legal_services #Business_sale_contract_lawyer #Liability_in_business_transactions https://www.svhlaw.com/2024/08/21/should-a-lawyer-review-my-business-purchase-agreement/

WHAT SHOULD I DO AFTER A CAR ACCIDENT? Being involved in a car accident can be a traumatic experience, leaving you physically and emotionally shaken. In such a situation, it is crucial to know what steps to take immediately after the accident to protect yourself legally and ensure a smooth claims process. In this blog post, our Modesto car accident lawyers will provide you with a comprehensive guide on what you should do after a car accident, offering tangible and useful tips to address common issues that may arise. 1. Seek Medical Attention: After a car accident, your health and well-being should be your top priority. Even if you believe your injuries are minor, it is essential to seek medical attention as soon as possible. This not only ensures your safety but also creates a documented record of your injuries, which can be crucial for insurance claims or potential legal actions. 2. Document the Scene: Gathering evidence at the accident scene is vital for supporting your case. Take photos of the vehicles involved, any visible injuries, and the overall scene. Additionally, collect relevant information from all parties involved, including their names, contact details, insurance information, and any eyewitness accounts. These pieces of evidence will be valuable when filing an insurance claim or seeking legal recourse. 3. Report the Accident: Notify the police about the accident, even if it seems minor. A police report provides an official record of the incident, which can be crucial for insurance purposes. Cooperate fully with the police officers, providing them with accurate information and your side of the story. 4. Notify Your Insurance Company: Contact your insurance company as soon as possible to report the accident. Provide them with all the necessary details and be honest about the incident. Your insurance company will guide you through the claims process and help you understand your coverage. 5. Consult an Experienced Car Accident Attorney: Navigating the legal complexities of a car accident can be daunting. Consulting with an experienced car accident attorney can help protect your rights and ensure you receive fair compensation for your damages. An attorney will assist you in understanding your legal options, negotiating with insurance companies, and representing your interests in court if necessary. Contact Our Modesto Car Accident Lawyers Experiencing a car accident is a distressing event, but knowing what steps to take can make a significant difference in the outcome of your case. Remember to prioritize your health, gather evidence, report the accident, notify your insurance company, and seek legal guidance when needed. By following these steps, you can protect your rights and increase your chances of obtaining the compensation you deserve. At Swingle, Van Egmond & Heitlinger, we understand the challenges you may face after a car accident. Our team of experienced car accident attorneys in Modesto, CA, is here to provide you with expert legal assistance and guide you through the process. Contact us today for a free consultation. Call our car accident attorneys near you at (209) 522–2211 or fill out our online contact form to get started. https://www.svhlaw.com/2024/08/11/what-should-i-do-after-a-car-accident-3/ #caraccident #CarAccidentLawyers