The decision of whether to sell your company to another or purchase another business is an extremely consequential one. If you are a buyer, a merger can make or break your company. If you are the seller, the merger is the one chance that you have to monetize the business that you have spent years building.
Before you agree to a deal with a partner, it is essential that you know everything possible about them. If you are a buyer, you will inherit the liabilities of the business that you buy. Your payroll will expand, and you will deal with new customers. First, you would need to know that your business has the infrastructure in place to handle a large expansion.
If you are a seller, you should consider whether the time is right to sell and whether you are getting the best deal. In addition, you would want to know that your business is in the best possible hands to continue what you started. You may want to continue on in a position with the merged company.
There is no one definitive one-size-fits-all answer to this question. What may work for one person may not work for another. The decision about a merger would reflect a combination of your values and your financial and business interests. You should consult an attorney to understand the legal aspects and to review the merger agreement that you may sign. Sometimes, the ultimate success of a merger can depend on the process.
Call a Miami Business Attorney Today
Lawyer Daniel D. Diaz helps buyers and sellers when they are considering or have already decided on a merger. To get legal advice, you can call us at 786.256.3299 or reach out to us online. You should never complete a merger without getting legal help every step of the way.
