Strictly Business
A legal blog on private funds, startups, and venture capital.
Strictly Business
A legal blog on private funds, startups, and venture capital.
Category Mergers & Acquisitions
Due Diligence for Buying a Business 101 – Part 2: Legal Due Diligence
Previously, I wrote about the need for the purchaser of a business to do due diligence on its prospective target. As I previously discussed, due diligence on a business can be split into three sections: legal, financial, and operational. This…
Due Diligence for Buying a Business 101 – Part 1: Introduction
Buying a business is a high stakes matter. What makes the process even more nerve-wracking is that a business is different from just about any other asset one can buy. When someone purchases a piece of real estate, a car,…
Buying or selling a business? Here are 6 items that should be in your letter of intent.
One of the first formal steps in the process of buying or selling a business is drafting a letter of intent. It’s important to understand that a letter of intent is not the end of the negotiation process but merely…