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Business Law · Buying and selling a business

Buying or selling a business

Selling a business, or buying one, is often the biggest financial event of an owner's life. We guide you from first offer to closing and protect you from surprises.

When to call us

Call before you sign a letter of intent. Early terms shape everything that follows.

I am selling my business

We prepare you for buyer review and negotiate the agreement.

I am buying a business

We review what you are getting and structure the purchase.

I received an offer

We explain the terms and what to negotiate.

I am planning an exit

Early planning improves price, taxes and terms. See Succession planning.

What we do

  • Letters of intent and deal structure
  • Due diligence for buyers, and preparation for sellers
  • Asset and equity purchase agreements
  • Employee, lease and contract transfers
  • Escrow and holdbacks, including legal escrow
  • Closing and post-closing matters

How it works

Timelines vary with the size and complexity of the deal: small deals often take 2–4 months; larger deals take 6 months or more.

  1. STEP 1

    Terms

    We help negotiate the letter of intent.

  2. STEP 2

    Due diligence

    We review the business or prepare yours for review.

  3. STEP 3

    Agreement

    We negotiate and prepare the purchase agreement.

  4. STEP 4

    Closing

    We coordinate funds, documents and transfers to complete the deal.

How we charge

We work on a flat-fee basis and quote the fee in writing before work begins, so you know the cost up front.

Bobby Afshar, attorney

Your attorney

Bobby Afshar

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Jacob Blacklock, Of Counsel

Of Counsel

Jacob Blacklock

Licensed in Texas. Not admitted in Missouri.

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Common questions

General information, not legal advice for your situation.

Should I sell assets or the company itself?

The choice affects taxes, liability and which contracts transfer. We compare the options with your accountant.

What is due diligence?

The buyer's investigation of the business before closing: finances, contracts, employees, property and legal risks.

Do I need a lawyer if a broker is involved?

Yes. A broker finds and manages the deal. A lawyer protects you in the agreement and closing documents.

Related services

Real Estate

Legal escrow and closing services

Learn more →
Business Law

Contracts and commercial agreements

Learn more →
Estate Planning

Estate planning for business owners

Learn more →

Considering a sale or purchase?

Schedule a consultation and we will outline the steps and fees first.

The choice of a lawyer is an important decision and should not be based solely upon advertisements.This disclosure is required by rule of the Supreme Court of Missouri. Contacting the firm does not create an attorney-client relationship, and information on this site is general, not legal advice.
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