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Creative And Strategic Legal Guidance

Buying Or Selling A Business? This Firm’s Legal Counsel Will Serve You Well.

If you are interested in buying or selling a business, make sure you understand your rights and responsibilities. These also need to be clearly defined in the contractual agreement. This is a time when you need a lawyer’s perspective to watch out for your side of the equation.

Buying or selling a business is a complex transaction, especially when third parties such as franchisors and landlords are involved. Business law attorneys at Huck Bouma are committed to protecting your best interests from initial negotiations to the closing of a purchase-sale transaction. The investments and transactions involved for buyers and sellers require the legal protection that the firm can provide.

Turn to experienced Chicago-area business law attorneys if you are considering the purchase or sale of an existing business. The team at Huck Bouma will help you take the necessary precautions to protect your business investments.

Representing Clients Selling And Buying Businesses

Whether you are looking to sell your business or are seeking to purchase a business, the business attorneys at Huck Bouma can assist you in contract drafting, review and negotiation, due diligence planning and preparation or review of closing documents, in order to protect your rights. Some of the services you can expect from Huck Bouma business law attorneys include:

  • Nondisclosure agreements
  • Letters of intent
  • Buy and sell agreements
  • Asset purchase agreements
  • Stock purchase agreements
  • Promissory notes and security agreements
  • Lease review and lease assignment
  • Noncompete agreements
  • Closing documents

If you are a buyer, it is important to understand potential liabilities and hazards before you invest in a business. The Huck Bouma lawyers can assist you in drafting a purchase agreement so you are clear on which assets will be transferred, which liabilities will be assumed and what liens will be paid off.

Handling The Sale Or Purchase Of A Franchise System

Purchasing or selling an existing franchise company is a very complex transaction. In addition to the issues listed above, there are other important legal issues to consider, including:

  • Due diligence
  • Franchise disclosure and registration issues
  • Trademark considerations
  • Assignment and assumption of existing franchise agreements
  • Financing terms

The Huck Bouma lawyers are experienced, detail-oriented and thorough in assisting franchisors with the complexities of acquiring or selling a franchise system.

Contact The Business Lawyers Or Franchise Attorneys of Huck Bouma

The attorneys at Huck Bouma work diligently to protect your best interests in the purchase or sale of an independent business, a unit franchise business, or an entire franchise system. You can reach the suburban Chicago law firm in Wheaton, Illinois, via email or by calling 630-221-1755 to learn how Huck Bouma business lawyers can help address your franchise or business law concerns.