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BizBenNetwork Discussions - Topic: Legal Issues

Contributor: Peter Siegel, BBN Facilitator at - Log In To Message/Email This Contributor
Comments & Replies: 11   Topics: buying a business, deal structures, legal issues
Profile: Every day, I speak to business brokers and business owner/sellers, and I hear some pretty amazing stories about potential buyers of small to mid-sized businesses. I tend to ask them what traits they listen for to see if a potential buyer is serious and what traits or buyer actions are deal killers.
Key Words: buying a business, buy a business, mistakes, business buyers
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Contributor: Jeff Back, Business Broker, SF Bay Area at - Log In To Message/Email This Contributor
Comments & Replies: 13   Topics: buying a business, deal structures, legal issues, selling a business
Profile: I was discussing this topic with a potential restaurant buyer about the differences between a letter of intent and a business purchase agreement and discovered that it is common for buyers to ask about which documents they should submit when making an offer on a small business/restaurant.
Key Words: letter of intent, loi, purchase agreement, purchase agreements, letters of intent, restaurant, restaurants, jeff back
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Contributor: Peter Siegel, BBN Facilitator at - Log In To Message/Email This Contributor
Comments & Replies: 22   Topics: for sale by owner, legal issues, selling a business
Profile: A business owner/seller on BizBenNetwork just posed this question to me in a BBN Facilitator Session: “What are the best practices for avoiding lawsuits, possible litigation when selling a business?” In this discussion, we discuss many angles and ideas on this topic for sellers, brokers, and agents.
Key Words: selling a business, legal, attorney, sell a business, legal issues
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