Business Acquisition Attorney Myrtle Beach SC
Business Acquisition Attorneys Myrtle Beach SC
Are you looking for a Business Acquisition law firm near Myrtle Beach SC? Find Business Acquisition Attorneys Gem McDowell and his team of associate attorneys today. Our team can represent both buyers and sellers in business acquisition or business merger deals. They serve Myrtle Beach SC, Conway SC, Little River SC, Aynor SC, Briarcliffe Acres SC, Carolina Forest SC, Cherry Grove Beach SC, Cherry Grove Beach SC, Forest Brook SC, Garden City SC, Grand Dunes SC, Litchfield SC, Longs SC, Loris SC, Market Commons SC, Murrells Inlet SC, North Myrtle Beach SC, Pawleys Island SC, Socastee SC, Surfside Beach SC, Windy Hill SC and nearby cities in Horry County South Carolina.
The definition of Business acquisition is the process of acquiring a company to build on strengths or weaknesses of the acquiring company. A business merger is similar to an acquisition but refers more strictly to combining all of the interests of both companies into a stronger single company.
In addition to deals for the sale and purchase of businesses, Gem and his associatess also practice in the areas of business creation, business planning, taxation law, and commercial real estate. As corporate lawyers, they are able to see the bigger picture and understand a business’ needs beyond any one transaction. Their priority is always to protect their clients’ interests.
Benefits of Working with Gem McDowell Law Group Attorneys on Business Acquisition Myrtle Beach SC:
- Top rated business attorneys
- Thorough, friendly client support
- The right lawyer assigned to the correct task
- Convenient law firm office location
- Focused on your best interest during the Business Acquisition or Business Merger
- Cross functional experience in multiple industries
Acquiring an Existing Business: What To Consider in Myrtle Beach South Carolina
During a business acquisition, having a trustworthy business acquisition attorney in Myrtle Beach SC at your side can help you make good business decisions, alert you to opportunities, and help you sidestep potential problems.
A skilled corporate business acquisition attorney in your area can help you make informed decisions at every stage during the business acquisition, including:
Determining whether a business is appropriate for acquisition. At this stage, it’s important to do your due diligence and to learn as much as you can about the target business. Consider whether the business is likely to be successful in the future and whether it will help you reach your own business goals.
Also, consider what kind of acquisition to make. You may choose an entity purchase, where you buy a majority of the business existing stock and take over the company, or an asset purchase, where you buy the company’s assets and create a new entity or corporation to buy them. One potential drawback to an entity purchase is that the new owner will take on the old owner’s debts and both known and unknown liabilities. There are tax implications associated with each type of acquisition that must be considered by you with your attorney.
Drawing up the acquisition agreement. The acquisition agreement is the essential document that contains the details of the transaction, including who is buying what from whom, for how much, and in what way. Depending on how large and complex the business is, the acquisition agreement may be large and complex, too. It is absolutely essential to work with a skilled business acquisition attorney in Myrtle Beach SC to draw up an agreement that keeps your best interests in mind. Your business is as unique as you are, so each acquisition is different and there’s no “one size fits all” form agreement.
Ensuring the transaction goes smoothly. If the other party does not abide by the business merger or business acquisition agreement, you will need an attorney to go to bat for you.