Embarking on the journey of buying a business requires a keen eye and a thorough understanding of the asset purchase agreement. This legal document serves as the roadmap for the transfer of assets from the seller to the buyer. Unveiling the intricacies of an APA can...
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Business Law
Red flags to watch for in a business contract
The Small Business Association reported that there are over 313,000 small businesses in Utah that make up 99.3% of all companies in the state. If you are a small business owner, you know that engaging in business transactions often involves signing contracts. These...
3 factors to consider before a merger or acquisition
Considering the acquisition or merger of another company can be a pivotal move in your business journey. However, before you leap into the deep waters of a corporate merger, it is imperative to thoroughly contemplate several factors. 1. Financial fitness The fiscal...
Understanding trade assets when purchasing a business
When considering investing in a business, it is important to comprehend the concept of trade assets. These assets play a significant role in the value and success of the business you want to buy. Making informed decisions will give you a smoother transition into...
Should you consider a company’s culture before you buy it?
When you are considering buying a company, you look at various factors like financial stability, market position, products and services. These elements are crucial in making a decision, but there is another aspect that often goes unnoticed, and that is company...
Getting the most when selling your business
According to the Small Business Administration, there are over 313,000 small businesses in Utah. Many of those business owners choose to sell their businesses to create new revenue streams or expand into other interests. Selling a business can be a complex process,...
Due diligence when buying a business
Business ownership is an exciting and often stressful endeavor. However, when you own a business, you can experience financial benefits, better work-life balance and the joy of providing your clients with something that can help them. Whether you seek to expand your...
3 acquistion mistakes to avoid
Mergers and acquisitions commonly happen, but that does mean they will all turn out successfully. According to Statista research, more than 11,000 deals happened in 2020. To help ensure a smooth transition, avoid the following three common mistakes. 1. Failure to plan...
3 mistakes to avoid when selling commercial real estate
Selling commercial real estate can net you a great deal of profit, depending on the property in question. However, it is not as easy as putting a picture and a price online and waiting for the phone calls and emails to come rolling in. There are many considerations to...
Commercial tenants should avoid causing these landlord disputes
It goes without saying that every business owner has an obligation to maintain good relations with their employees and their customers. If you are leasing a commercial property, however, you also should strive to stay amicable with your landlord. If a dispute arises...