Sell Your Business: The Step by Step Legal Guide
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Average customer review:Product Description
Selling your business may just be the most important transaction you will ever make. Let Sell Your Business show you how to make the sale, make a profit and protect yourself legally and financially.
This book gives you all the information, checklists, legal forms and practical advice you'll need to sell your business, guiding you through the process from beginning to end. In particular, Sell Your Business covers:
*getting your business ready to sell
*pricing your business and valuing your assets
*finding the right buyer
*analyzing tax consequences
*negotiating a payment plan and other terms
*limiting your liability
*working with lawyers, accountants and brokers
*closing the deal and transferring the business to its new owner
Sell Your Business includes a CD-ROM that helps you create more than two dozen crucial legal documents for both asset and entity sales, including:
*sales agreement
*confidentiality letter
*promissory notes and security agreements
*noncompete and consulting agreements
*closing checklists
There's litterally dozens of competing titles on the market, but none can match Sell Your Business for sheer depth, accuracy and ease of use.
Product Details
- Amazon Sales Rank: #1423866 in Books
- Published on: 2004-04-15
- Original language: English
- Number of items: 1
- Binding: Paperback
- 320 pages
Editorial Reviews
Review
A comprehensive look at a complex issue made understandable -- a vital business resource. -- Glen A. Ross, CPA & CVA, Ross Valuation Group
About the Author
Attorney Fred S. Steingold practices law in Ann Arbor, Michigan. An expert on small business law, he represents and advises many small businesses and frequently leads seminars on how to start and run small businesses. He is the author of Legal Guide for Starting & Running a Small Business Vols. 1 & 2 and The Employer's Legal Handbook. His monthly column, The Legal Advisor, is carried by trade publications around the country.
Customer Reviews
Excellent Nuts and Bolts Guide
This is an excellent nuts and bolts, basic guide for selling a small company. Fred does a solid job of walking through the basics. The book is geared more towards the "technical" aspects of selling a business - ie contracts, forms, etc etc. Overall, good back ground book.
Great reference for any business owner
I have an earlier version of this book and absolutely swear by it. I turned to this book originally because the attorney I hired to write the contracts did a terrible job understanding what we wanted. I ended up selling my business using the contract templates included in the book as well as many of the checklists.
I'm not a lawyer and I easily understood everything that went into our contracts. In fact, the buyers of our business were impressed that we did all the paperwork ourselves and their attorney approved all of the contracts. Personally, I don't think I would ever take the "DIY" route again - but I know what it takes now!
I don't recommend selling (or buying) a business without an attorney or CPA. However, read this book first and you will have a much more informed conversation about what you do and don't want in your contracts when you do go to your attorney and CPA. Use the information from this book to help you interview and hire the right professionals to assist you.
I keep this book on my shelf as a great reference and have recommended it to many clients. I refer to this occasionally when a client needs to design their exit strategy.
The price of this book is well worth it. Consider it the pre-requisite education you need before spending hundreds (or thousands!) of dollars being educated by a lawyer!










