Buying and Selling Small Businesses

Buying or selling a business is a complex undertaking with important legal considerations. From negotiating a letter of intent to drafting a purchase agreement to conducting due diligence, there is a lot of work to be done.

Blue Maven Law is committed to getting deals done. At its core, the firm’s mission is to help small business owners – and future small business owners – achieve their dreams of buying or selling their business while avoiding potential negative legal consequences.

Blue Maven Law’s services have been created to meet the priorities of each business. Our services promise expert legal support, straightforward pricing, accessibility, and responsiveness. Blue Maven Law has tailored services for virtually every type of buyer and seller so that they can engage the firm’s services which are ideal for their particular circumstances.

In full service engagements Blue Maven Law provides legal expertise and execution throughout the entire buying or selling transaction. Having the legal support from start to finish provides the security, peace of mind, and freedom to focus exclusively on your business.

The firm recognizes that many business people don’t require the full range of legal services that are available — they want to do some of the work themselves. They rely on their own business acumen and experience. For that reason, Blue Maven Law makes available “unbundled services,” which allow clients clients to choose limited representation, picking and choosing the services they need to fit their own needs. The limited representation services are intended to fit a business person’s individual situation and budget.

Our services include any or all of the following:

  • Review of non-disclosure agreements, term sheets, and letters of intent
  • Advice on deal structure
  • Drafting the purchase agreement and all ancillary documents
  • Conducting legal due diligence and coordinating financial due diligence with the client’s financial advisor
  • Forming a corporation or limited liability company to serve as the buyer’s acquisition vehicle
  • Negotiating the deal
  • Closing the deal

General Business Law Services

Blue Maven Law also helps business owners navigate legal issues that arise in the day-to-day operation of their businesses. Services include reviewing and negotiating important contracts and leases, preparing shareholder agreements, ensuring that the business’s buying and selling processes are sound, and simply being a source of trusted advice for our clients.

Company Formation

Blue Maven Law helps entrepreneurs protect their personal assets by forming new companies through which to conduct their businesses. We help our clients determine the best choice of entity, create the appropriate entity, and make sure our clients are on solid legal footing. We also help entrepreneurs who are doing business a sole proprietorships convert their businesses into limited liability companies and corporations to increase their sophistication and separate their businesses from their personal affairs.

Our services include drafting necessary documents such as articles of incorporation, articles of organization, bylaws, operating agreement, and buy-sell agreement, and obtaining a federal EIN. Blue Maven Law will also work with your CPA or other tax professional to ensure that the documents we prepare are consistent with tax guidance from your CPA.