When someone purchases a business, equipment, land or facilities, it is important that their rights are protected in any contingency. When an individual or family owns a business, it is crucial that ownership transfers are: 1) addressed well in advance, when possible, and 2) are executed properly to avoid confusion, disputes and the unnecessary loss of resources.
The Smith Firm is dedicated to getting the deal done! Whether you are involved in a merger, acquisition, refinance, or restructuring, we will assist you in determining your objectives, goals, priorities of business and negotiating strategies. At the West Linn, Oregon, law firm of the Smith Firm, attorney David Smith has provided business law services in northwest Oregon for almost 15 years, including services involving:
- Business transactions
- Business succession planning
- The purchase and selling of businesses
The Smith Firm represents buyers and sellers in both simple and highly complex business sales. For example:
- Are you considering selling a business? One of many priorities is ensuring that you will get paid. We regularly arrange to have the buyer sign a promissory note and provide collateral, and arrange for you to retain a security interest in business.
- Are you considering buying a business? Often, banks won't lend buyers all of the money needed to purchase a business. We can draft and execute an agreement that allows you to buy a business up front, then pay off the remaining debt through promissory note to the seller.
The Smith Firm also handles business succession planning. Business succession most often has an element of estate planning. Attorney Smith works to clearly define current ownership rights and arrange for ownership to transfer smoothly to children or other heirs following death, illness, lack of involvement or other issues and events. For more information about the Smith Firm's business succession and sale legal services, contact our office.
Contact Us
For questions regarding business transactions and business succession planning, contact the Smith Firm. We accept credit cards, are available for evening and weekend appointments, and are conveniently located right off highway 205 in historic Willamette. To contact a lawyer, call 503-342-2623 or 866-986-6312.
