Business Attorney | Law Office of Maritza S. Nelson, LLC

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  • Home
    • COVID-19
  • Who We Serve
  • Practice Areas and Fees
    • General Counsel Service
    • Business Law >
      • Business Formation and Governance
      • Contract Drafting and Review
      • Business Purchases and Sales
    • Intellectual Property >
      • Copyright Law
      • Trademark Law
    • Employment Law
    • Nonprofit Law >
      • Non-Profit Formation and Governance
      • Tax Exempt Status
      • Non-Profit General Counsel Service
  • Attorneys
    • Maritza S. Nelson
    • Sarah Pollyea
  • Adding Value
    • Legal Audit Checklist
    • Legal Dictionary
    • 7 Common Legal Mistakes
    • Business Contracts: Review Checklist
    • Webinars >
      • HR 101: Managing the Growing Pains That Come With Growing Your Business
      • Hiring Independent Contractors
      • Legal Audit and Risk Assessment
      • Structuring a Social Enterprise
  • Blog
  • Scheduling
    • Prospective Client Scheduling
    • Existing and Former Client Scheduling
    • Networking Scheduling
  • Contact

Business Purchases and Sales

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Buying or selling a business, or even a share of a business, is a complex transaction that requires sophisticated legal counsel. Whether it's time for one of your business partners to move on or you're buying or selling the entire business, we can help you get your money's worth, negotiate all the little details, and minimize the legal risks.
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Are you getting everything you think you're supposed to get with the purchase? So many business assets are "intangible."

As a buyer, how do you minimize the risks you might be exposed to if the seller hasn't been entirely forthcoming about the business?

As a seller, how do you make sure the buyer doesn't come back and blame you if they're not as successful as they had hoped?

You've figured out the basic terms of the deal, but now the other side has presented an extensive purchase agreement with so many "little details" you had never even considered. How do you negotiate these details? Which ones really matter?

You've worked hard to build your business. Are you really getting what the business is worth? 

Or, you're buying a business. Is it really worth the price the seller is asking?

With so many people potentially involved (employees, vendors, attorneys, accountants, etc.), how you do ensure a smooth transition?

Schedule a Consultation

Flat Fee Pricing:

All fees and services described on this site are for information purposes only and are subject to change at any time. Until we have both a signed Engagement Agreement and your initial payment, the Firm reserves the right to quote you a new or different fee for services based on the unique legal needs of your business.

Payment Plans
Payment Plans are available for an additional premium of 15%. All payment plans require a credit card authorization and are billed monthly. Payment plans are not available for rush delivery projects. Anticipated expenses are due with your first payment.
Business Purchase / Sale Representation Package: $8,125

​Includes: Purchase Agreement, certain ancillary documents (including: Bill of Sale & Assignment, Escrow Agreement, Non-Disclosure / Non-Compete / Non-Solicitation Agreements, Personal Guarantee, Promissory Note, Security Agreement and UCC Financing Statement, Letter of Intent, and Service/Consulting Agreement), and negotiating terms with buyer or seller.

​Business formation, operating agreements / corporate bylaws, commercial leases, and employment agreements may also be necessary depending on your unique deal, and such services are additional.

If the opposing party's attorney is drafting the documents: $6,475

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Business Purchase Agreement: $3,950
Review & Advice: $2,125 (includes 1 round of attorney edits / redlines)

Letter of Intent / Purchases Less than $100,000: $1,650
Capped at 7 hours of attorney time; additional time billed hourly and will require the Firm's standard retainer

Bill of Sale & Assignment Agreement: $100

Escrow Agreement: $200

Non-Disclosure / Non-Compete / Non-Solicitation Agreement: $725

Personal Guarantee: $275

Promissory Note: $425

Security Agreement: $400
Includes filing UCC Financing Statement
​
Service / Management / Transition Agreements: $1,375

Agreement to Dissolve a Business / Partnership: $1,175

Buy-Sell / Membership Interest Transfer / Shareholder Agreements: $1,250

LLC Certificate of Dissolution: $225
+$50 Secretary of State Fee
Not sure what you need? Need something different?
​Schedule a consultation for a custom quote.

Traditional Hourly Rates

Where flat fees don't make sense, the Firm works on the traditional retainer basis. For general business needs, the Firm requires a replenishing retainer of $2,000/$1,000. The Firm bills at the hourly rate of $275 per hour for all attorney time and $125 per hour for all paralegal/law clerk time. The Firm bills in tenths of an hour increments. The Firm may from time to time require a larger retainer or replenishment in anticipation of significant work that the Firm reasonably believes cannot be covered by the standard retainer amount.
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Additional Resources:

Before you doctor up another contract you found online, waste your money on one of those DIY forms, or sign whatever is put in front of you, get a free review checklist. Then decide whether that contract is really worth the paper it's written on.
Contract Review Checklist
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Learn More About Business Contracts
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The information contained on this website is not legal advice or legal opinion and should not be relied upon. Furthermore, nothing contained in this website is intended to create or establish, and does not constitute, an attorney-client relationship. 

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