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The complete guide to buying a business / Attorney Fred S. Steingold.

by Steingold, Fred S., 1936- author.

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Berkeley, California : Nolo, 2015.

Business enterprises -- Purchasing -- Law and legislation -- United States -- Popular works.

Small business -- Law and legislation -- United States -- Popular works.

9781413321746 (pbk.) :

1413321747 (pbk.)

423 pages : forms ; 23 cm

Thinking about buying a business -- The key legal issues in buying a business -- Tax-saving strategies -- Finding the right business for you -- What's the business worth? -- Working with lawyers, accountants, and brokers -- Financing your purchase -- Structuring your purchase -- The investigation stage : how buyers and sellers check each other out -- Drafting a letter of intent -- Preparing the sales agreement and other legal documents -- Who's selling, who's buying -- and what is being purchased -- The sales price and terms of payment -- Dealing with liabilities and representations -- Payment for noncompete agreements and consultant deals -- Other important legal language for the sales agreement -- Signatures on a sales agreement -- Promissory notes and other installment payment documents -- Bill of sale, lease assignment, and other documents for transferring the business -- Documents for noncompete and future work commitments -- Preparing for a smooth closing -- Running a small business : some legal and tax basics.

Whether you just want an overview of the business buying process or you're ready to acquire an existing business, you know you'll need to finance, negotiate and structure the deal and protect yourself from unpleasant surprises. Steingold gives you everything you need to know, and includes downloadable access to crucial forms and legal documents to help you do it.

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