The Critical Importance of An Acquisition Action Plan

With any business acquisition, we recommend and prepare a comprehensive business acquisition strategy. Tax aspects of a contemplated acquisition should be considered before sending a letter of intent. At the top of the to-do list is a thorough consideration of all tax-related aspects of the contemplated business acquisition. Frankly, consideration of the tax consequences of…

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Finding a Business Acquisition By Creating a Deal Magnet

Recently a prospective client approached me for help with a business acquisition he hoped to make.  The prospect had yet to identify a suitable opportunity but knew he wanted to acquire a manufacturing business.  He spoke as well of forming a search partnership to make several additional acquisitions in coming years. I had the sense…

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Buying a Distressed Business Can Be a Good Acquisition

For some buyers, but not most, buying a distressed or troubled business can be the right move. Buying distressed businesses is a risky acquisition strategy – but with potentially great rewards. Recently a client of mine bought a business that was so troubled that it had been shut down altogether and “mothballed.” My client knew…

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5 Questions to Ask When Thinking About Buying a Business

I have assisted with many business acquisitions over my decades practicing business law, most of it focused on business transactions. Along the way, I have helped literally dozens of clients and budding entrepreneurs acquire their first businesses.  In most of these cases, I also helped the client identify the acquisition opportunity. I list below a…

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