Mergers & acquisitions explained
From the letter of intent onwards. Get a grasp on diligence, the purchase agreement, and more.

How to Navigate Investor Capital (Part 1)
Thinking about taking on investors for your business acquisition? Learn the legal essentials: from structuring the deal to mitigating legal risks and understanding key documents.

Buying a Business with a Partner (Part 2)
Thinking about buying a small business with a partner? Learn the key legal considerations, from structuring the partnership to managing liability and exit rights, tailored for self-funded searchers.

Buying a Business with a Partner (Part 1)
Thinking about buying a small business with a partner? Learn the key legal considerations, from structuring the partnership to managing liability and exit rights, tailored for self-funded searchers.

A Guide to Entity Selection When Buying a Small Business
Acquiring a small business? Learn how choosing the right legal entity impacts liability, taxes, and future plans post-acquisition.

Understanding Boilerplate LOI Clauses in Small Business Acquisitions: Termination, Confidentiality, Expenses & More
Explore the other LOI clauses like termination, governing law, confidentiality, and no binding agreement. A must-read for self-funded searchers buying small businesses.

What to Know About Exclusivity Clauses in Letters of Intent
Understand how exclusivity clauses in Letters of Intent (LOIs) impact your business acquisition. Learn what to negotiate, how long exclusivity should last, and what buyers and sellers need to know.

What You Need to Know About the Latest Changes to SBA SOP 50 10
What You Need to Know About the Latest Changes to SBA SOP 50 10

Understanding Transition Services Agreements in SMB M&A
How Do Non-Compete Agreements Work in Small Business M&A?

How Do Non-Compete Agreements Work in Small Business M&A?
How Do Non-Compete Agreements Work in Small Business M&A?

Sign-and-Close vs. Sign-then-Close
Sign-and-Close vs. Sign-then-Close: Choosing the Right Structure in SMB Acquisitions

How to Use an F Reorganization When Buying a Business
How to Use an F Reorganization When Buying a Business

Tax Structuring (Part 2)
From a tax perspective, an asset deal is generally to the buyer’s advantage. An equity deal, on the other hand, deal robs the buyer of that advantage. What should you do if you have to structure your deal as an equity deal?

Tax Structuring (Part 1)
From a tax perspective, an asset deal is generally to the buyer’s advantage. An equity deal, on the other hand, deal robs the buyer of that advantage. What should you do if you have to structure your deal as an equity deal?

Rollover Equity
In a traditional rollover, the buyer forms a new company to purchase all or substantially all of the assets of a target company.

Purchase Price Adjustments (Part 2)
In most SMB deals, working capital is the primary adjustment. But there are also other common adjustments.

Purchase Price Adjustments (Part 1)
A buyer can propose several adjustments to the purchase price. Let’s start with working capital.

The Purchase Price (Part 2)
From the seller’s perspective, the purchase price is (somewhat obviously) key.

The Purchase Price (Part 1)
From the seller’s perspective, the purchase price is (somewhat obviously) key.

Stock vs Asset Purchase When Buying a Business
Stock vs Asset Purchase When Buying a Business

Forms and Deposits
Most small business sellers engage brokers to help them value and market their businesses. Yet beyond that role, some brokers also provide standardized legal documents, like form Letters of Intent (LOIs) and form purchase agreements.