Purchase and Sale of Businesses in Virginia, Maryland, and D.C.
Representing your interests
Grad, Logan & Klewans provides quality representation to clients who are interested in buying or selling a business. Our extensive knowledge of business law and business practices allows us to provide sterling representation of your commercial interests.
Buying an existing business or professional practice
There are steps you need to take to protect yourself if you are considering buying an existing business or professional practice. Before you negotiate or sign any contracts, speak to the business law attorneys at Grad, Logan & Klewans.
We assist you in determining the appropriate legal entity to purchase the business and negotiate the terms and conditions of the sale.
You may have to go through a process known as due diligence, with which we can assist you. This includes inspecting the books and records of the business to confirm accuracy and examining any property included in the sale, such as equipment, land, and buildings.
Selling an existing business or professional practice
There are steps you need to take to maximize the sales price if you are considering selling an existing business or professional practice. A potential seller will want to review the operational structure and personnel of the business or practice before putting the company up for sale.
Grad, Logan & Klewans believes that all potential sellers need to conduct a “legal audit” on their business or professional practice prior to its sale. This process helps determine issues that might adversely affect a sale. It is always better to correct an issue prior to sale and maximize your selling price.
We assist you in establishing an offering price for your business and, once there are potential buyers, we negotiate the sales contract. We can also assist you in marketing your business to qualified buyers and we deal with a number of professional practice brokers and placement agencies.
Contact Grad, Logan & Klewans to speak to Michael P. Logan or call our office to schedule a consultation with our business lawyers.
