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Category Archives: Business Purchase Sale

BusinessLaw2

Should You Buy an Absentee-Run Business?

By Godfrey Legal |

Many people want to be business owners, but they want to do it on their terms. They want to take the easy way out and generate passive income. Not having to run a business on a daily basis? Most people would say, yes please! But let’s face reality — this is not the norm…. Read More »

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BusLaw6

What to Consider When Buying a Business

By Godfrey Legal |

If you’re an entrepreneur looking to run a business, you may be looking to buy an existing one. An established business has customers and exposure. It’s not as hard as running a brand new business and trying to create a customer base. When buying a business, many people opt for franchises. Franchises often have… Read More »

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Legal18

Avoiding A Lawsuit When Buying A Business

By Godfrey Legal |

Buying a business can be an exciting venture. Operating a new company can be a good opportunity to make a lot of money. Unfortunately, though, some buyers make the decision in haste. They don’t do adequate research, resulting in buyer’s remorse. An issue that purchasers may come across is buying a lawsuit. This may… Read More »

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BusinessLawyer

Reasons To Sell A Business

By Godfrey Legal |

People are often wary when an entrepreneur wants to sell their business. They may think there is something wrong with it. Surely it is not profitable. The company could be very successful, but there may be personal reasons why a person wants to sell. Still, it’s up to a potential buyer to determine exactly… Read More »

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ConstructionLaw6

Tips For Selling A Construction Business

By Godfrey Legal |

Some businesses are easier to sell than others. Construction businesses are a good example. With the population approaching 8 billion, we need more buildings. There are always things that need to be built, such as houses, apartment complexes, schools, stores, restaurants, parks, and medical offices. So if you’re a construction business owner who is… Read More »

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BusPlan

Asking The Right Questions When Buying A Business

By Godfrey Legal |

Last year was a rough time for businesses. The pandemic and subsequent quarantines caused businesses to lose a lot of money. Many even went bankrupt and were forced to shut down. Now, things are starting to look up. Florida and many other parts of the country are starting to reopen. Therefore, if you’ve been… Read More »

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BusinessPurchase

Buying a Business During the Pandemic

By Godfrey Legal |

The coronavirus pandemic has made life difficult for a lot of people. Millions have lost their jobs. Many have depleted their savings and are now struggling financially. However, there are also a lot of people who did well in 2020. They didn’t lose their job and life pretty much continued as normal (except they… Read More »

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Legal16

What to Know Before Purchasing a Business

By Godfrey Legal |

When it comes to being an entrepreneur, there are several paths you can take. Many start their own business. Others want to run a business, but don’t have a solid idea in mind. They either opt for a franchise or purchase an established business from an owner who is selling one. Buying an existing… Read More »

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Legal8

Finding a Buyer for Your Business

By Godfrey Legal |

An entrepreneur’s main goal is creating a product or service that will bring in revenue and make a company profitable. The other goal? Finding someone to take over your business one day. Even if you love the product and business you created, you may one day want to move on. You never know what… Read More »

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BusinessPurcSale

Steps to Selling Your Small Business

By Godfrey Legal |

Maybe you’ve grown your business to the best of your ability and you are now ready for other opportunities. Perhaps you are in poor health or simply ready to retire. There are many reasons why entrepreneurs sell their businesses. When it’s time for you to make that decision, you want to make sure it’s… Read More »

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