Skilled Assistance With Sale Or Purchase Of A Business
If you are thinking about buying or selling a business in Nassau, Suffolk and Queens counties, New York, finding the right business law attorney is an important first step. It is crucial to find someone who will be respectful of your time and monetary concerns, and who will work with you to accomplish your goals.
At my firm — the office of Mitchell P. Sandler, Attorney At Law — I work closely with clients to explain their legal options. I will listen to your concerns about purchasing or selling your business, and I will help you meet your objectives in an efficient and cost-effective manner. I will not waste your time and money by advising you to do something that is unnecessary.
Understanding Potential Liabilities When Buying A Business
It is important to protect yourself from personal liability associated with the business when you are purchasing the business. For instance, in some cases, the purchaser can be individually liable for past sales tax of the seller’s business. Other business aspects, such as restrictive covenants, are also potential personal liabilities.
Selling A Small To Medium Sized Business
When you are selling a business, there are numerous tax issues that can make the sale difficult. In addition to business law, I am also a certified public accountant (CPA). Working with an experienced attorney and CPA can also help with the details of the purchase. For instance, often businesses are purchased with notes, which are paid after the business makes money. I can help you with terms of sale that will allow you to receive payment for your business at the time of sale.
Schedule A Free Consultation
To schedule your free initial consultation with an experienced Long Island business law attorney, contact me online or call 516-874-3520. I have flexible scheduling available, and I am willing to meet clients on evenings and weekends. My office is conveniently located off the highway at the intersection of Route 106-107 and the Northern State Parkway.