Variables To Consider When Selling A Company

Variables To Consider When Selling A Company

There are many factors that business owners in Louisiana should keep in mind when it comes to selling their companies. By timing the sale properly, they are more likely to obtain top dollars for their organizations. There are many factors that may determine how valuable a company is to a buyer. For instance, if there isn’t a lot of money available to purchase a business, it may sell for less than it otherwise would.

If there is a lot of competition in a given industry, it could also influence how much a company is worth to a buyer. In some cases, the presence of new companies in an industry may suggest that it is growing, which may make existing businesses within that sector more appealing. Business owners are encouraged to give themselves one or two quarters to complete the sale process.

Legal Peace Of Mind Is Just A Click Away

Call For A Consultation 225-763-2272

This is generally how long it will take to obtain an offer, conduct due diligence and take other steps to close on the sale. Ideally, sales will be finalized before the end of a fiscal or calendar year. This may reduce the odds that yearly sales or revenue figures are lower than projected, which could put a potential deal in jeopardy. Furthermore, those who are looking to sell a company should organize tax and other data to make it easier for buyers to analyze.

When buying or selling a business, it is generally a good idea to have a team of advisers to help with the transaction. An attorney might be an important part of this team. He or she may be able to review purchase offers or negotiate any changes that may need to be made. If there are disputes after the sale is completed, this person might be able to help resolve them.

Recent Posts

Categories

Archives

Over 40 years of Experience

Accessible. Accommodating. Your Partners In The Legal Realm

We are not just your attorneys, but your partners in the legal realm. As in any partnership, we believe communication is key. We ask the right questions to learn about your situation and goals. Then we work with you to design a resolution strategy that makes the most sense for you or your business.

As your case progresses, you will find that we are easily accessible by phone, text or email. We strive to be accommodating in setting appointments around our clients’ busy schedules, even if that means early mornings or late evenings. We pride ourselves on creating a welcoming, helpful environment.

Call For A Consultation 225-763-2272

The Partnership

Begins With A Consultation

Andrew B. Ezell & Andrew K. Nicolas
Andrew B. Ezell & Andrew K. Nicolas

contact us today

Fields marked with an * are required

"*" indicates required fields

I Have Read The Disclaimer*
This field is for validation purposes and should be left unchanged.