A practical guide for owners preparing to sell their business. This isn’t an exhaustive diligence list. It’s a high-level roadmap of the steps, decisions, and tasks you’ll face from the moment you start thinking about a sale through closing. 1. Early Prep: Get Your House in Order ☐ Clean, organized financial statements (3–5 years) ☐ […]
Selling a business is not a casual transaction. It’s more like running a second business on top of the one you already have—and at times, it can feel like a full-time job. If you’ve never been through it before, the process can seem murky from the outside. The goal here is to give you a […]
If you’ve never sold or bought a business before, the process can feel like trying to learn a new language overnight. Deal jargon like “sandbagging,” “tipping baskets,” or “materiality scrapes” may be completely foreign. Other phrases sound more familiar — like a “working capital target” or a “cash-free, debt-free” transaction — but carry implications that […]
And why the right lawyer using AI is more valuable than either one alone. AI tools like ChatGPT have changed how businesses draft and analyze contracts. We are a technology-forward law firm; we use AI tools in our practice every day. They save time, accelerate first drafts, and help us explore alternative language fast. We’re […]