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Selling Your Small Business? What’s Next For You?September 12, 2022
Selling your business is an exciting and rewarding conclusion to an entrepreneurial adventure that has perhaps consumed much of your adult life. A significant part of your sense of identity and self-worth might be closely associated the business…

Two Ways to Structure a Business Sale: Selling Assets vs. Selling EquityAugust 16, 2019
Small business acquisitions and sales are monumental transactions for the average entrepreneur. The process will be filled with dozens of important decisions, discussions, documents, and logistics. Some deals are negotiated and closed within…

#RVABizLaw Tip of the Day: Using a Letter of Intent to Jumpstart a Small Business Acquisition DealApril 27, 2018
Buying or selling a small business is a process. Before investing the time and expense of drafting a full-blown acquisition agreement, parties will often prepare a preliminary document, typically referred to as a letter of intent (also referred…