We recently posted the 8 questions to ask when buying a business, now we highlight each question in a little more detail.
What does the final contract look like?
Once you and the seller have agreed on the terms, the details need to be specified in a contract. Ensure that you itemize every aspect of the sale. At this point it’s a good idea to bring in your lawyer. Your business broker can assist you with the high-level details, but in the end both parties should have their lawyers review the final documentation and advise their respective clients.
About Brightblue Transition Solutions
Located on Vancouver’s North Shore we are the premier business broker in the lower mainland, contact us if you need any help buying or selling a business in the greater Vancouver or lower mainland areas.