by evansfox | Apr 21, 2020
While there are many variations and hybrids of each, there are two primary ways to structure a business sale: a bulk asset sale or a stock sale. Not all types of business are eligible for a stock sale. A sole proprietorship (‘dba”) and partnership do not issue stock...
by evansfox | Apr 16, 2020
Forecasts already predict that 10-20% of businesses will fail because of the COVID shut downs. For opportunists, this may be the time to grab a great discounted deal due to someone else’s misfortune. Investors with the cash or access to credit will be able to buy and...
by evansfox | Apr 14, 2020
10 THINGS TO FAST TRACK FROM PURCHASE OFFER TO CLOSING. PLUS BONUS MATERIAL: ACQUISITION CHECKLIST LOOKING TO BUY OR SELL A BAR? The prospect of buying or selling a bar can be a daunting one. Either you are getting out of a business that you spent dedicated time and...
by evansfox | Apr 14, 2020
If you’re looking to purchase a new business, using a Settlement Services Agent might be an alternative to consider. When a business transaction is not anticipated to be adversarial, both parties can use a neutral third-party escrow agent to assist in closing...
by evansfox | May 2, 2019
Patents on illegal goods and services are not precluded from patent protection in thesame way that federal trademarks are unavailable. Patents simply do not face thisrestriction and are not by their very nature beyond the reach of goods or services...
by evansfox | Feb 28, 2019
Are you a cannapreneur thinking about starting a cannabusiness? You’ll need to take a few steps and prepare several documents to give your new venture a solid legal foundation. Articles of Incorporation/Organization To protect your personal assets from business risks...