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TOP POINTERS FOR SELLING A BUSINESS WITH LEGAL CHALLENGES
Introduction: Legal challenges can pose significant hurdles when selling a lower middle market business. However, with careful planning,...


ESSENTIAL CLAUSES FOR SELLER'S TRANSITION CONSULTING AGREEMENT IN A BUSINESS SALE
Introduction: When selling a lower middle market business, a smooth transition is crucial to ensure the buyer's success and maintain the...


ESSENTIAL CLAUSES IN A NON-DISCLOSURE AGREEMENT FOR SALE OF A BUSINESS
Introduction: Confidentiality agreements, also known as non-disclosure agreements (NDAs), are crucial documents that protect sensitive...


ESSENTIAL CLAUSES FOR A NON-COMPETE AGREEMENT IN A BUSINESS SALE
Introduction: A non-compete agreement, also known as a restrictive covenant agreement, is a crucial component of a lower middle market...


ESSENTIAL CLAUSES FOR AN EARNOUT IN A BUSINESS SALE
Introduction: An earnout is a contractual arrangement in a business sale where a portion of the purchase price is contingent upon the...


SHOTGUN CLAUSES IN UNANIMOUS SHAREHOLDERS AGREEMENTS
Introduction: Unanimous Shareholders Agreements (USAs) play a crucial role in establishing the governance and decision-making framework...


TERMS AND CONDITIONS FOR A CONDITIONAL SALE OF A BUSINESS
Introduction: When it comes to selling a lower middle market business, one common method is a conditional sale. This type of sale...

ESSENTIAL CLAUSES FOR VENDOR FINANCING AGREEMENT IN THE SALE OF A BUSINESS
Introduction: When selling a lower middle market business, vendor financing can often play a crucial role in facilitating the...


PROS AND CONS OF AN EMPLOYMENT AGREEMENT VS. CONSULTING AGREEMENT
Introduction: In the process of transitioning out of a business, sellers often face the decision of whether to enter into an employment...
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