How Does Buying or Selling a Business Actually Work?
April 28 @ 12:00 pm - 1:00 pm
Free
Buying or selling a business is one of the biggest financial decisions an entrepreneur can make, but the process is often far less straightforward than people expect.
In this one-hour webinar, corporate attorney Mark Wendaur of Offit Kurman breaks down what actually happens when a business changes hands. Designed for both current business owners considering an eventual exit and aspiring entrepreneurs exploring entrepreneurship through acquisition (ETA), this session walks through the key stages of a transaction and explains how deals move from initial conversations to closing.
Participants will gain a practical understanding of:
• The difference between asset purchases and stock purchases and why deal structure matters
• How letters of intent (LOIs) set the framework for the transaction
• What happens during legal due diligence and the issues that commonly derail deals
• Financing considerations and common deal pitfalls
• How business owners can prepare their company for sale and maximize value
Whether you are thinking about selling in the next few years, evaluating your first acquisition opportunity, or simply want to understand how these transactions unfold, this session will provide a clear and practical overview of the legal framework behind successful business transfers.
Ideal for: small business owners, prospective buyers, advisors, and anyone curious about how buying or selling a privately held business actually works.