It’s time to leave your legacy
All good things must come to an end. This may sound sad but one must remember that, “When one door closes, another opens.”
When your business is in this stage of its life cycle, you have two choices: sell or reinvest. You may want to take action and start looking for ways to innovate, decide to start a new business cycle due to the changing market, or reinvest and pivot to meet these changes in the market.
Unified Law can help.
Selling your business
If you decide to sell, you’ll want to work with the right people to make sure you’re in compliance with state and federal laws.
Or, if the business is already declining and you think it won’t survive for much longer, you may want to close the business completely rather than selling or passing it on. Closing a business can be a straightforward process if it doesn’t have a lot of debt. You can sell the business assets and end contracts, and may need to file paperwork with your state government to dissolve your company. Otherwise, you may need to continue to pay state filing fees or taxes. We can help you with the following:
- Mergers & Acquisition
- Asset Purchase Agreement
- Stock Purchase Agreements
- Due Diligence Process
- Purchase & Sale of Business Agreement
- Filing of Articles of Dissolution
Innovate and Reinvest in your business
Reinvesting in your company can result in its renewal.
Ideally, you want to start this process before your business is in a decline. You’ll want to find out how you can address the new needs of your target market or innovate a completely new business. This transition can be a period of immense growth. We have the following services to help you on this matter:
- Partner Agreement
- Loan or Security Agreement
- Investment Agreement
We understand your need to ensure you make the right decisions for your business.
Whichever stage of business growth you’re in, knowing where you are can help with your company’s strategic planning and long-term success and impact. We’d love to know more about you and your business!