This is intended to help outline the general process of buying a business — explaining the legal aspects of how a business lawyer can assist in a business purchase transaction — and it is not intended to be construed as legal advice for your particular situation.  Basically, in these 2 videos, I try to help you identify what steps are involved in buying a business and what issues should be considered.

Part 1 of the video covers some typical terms and other items addressed in a term sheet:

• Names and Contact Information
• Purchase Price and Other Consideration
• Payment Terms; Financing; Downpayment
• Collateral (or security) for the Purchase Price
• Structure of the Deal

Find out more about how we can help you here.

**This post is for informational purposes only, For legal advice contact a business lawyer**