Some opportunities only come along once in a lifetime. Perhaps you heard that a business here in Anaheim was up for sale. You decided that buying a business that is already established would be the way to go. You envision breathing new life into the business and making it a success, but that may only happen if the transaction goes through without any surprises or seemingly insurmountable obstacles due to a dispute.
An attorney could help make sure that your purchase goes smoothly by helping you anticipate potential trouble areas in the transaction. Even after negotiating a purchase and sale agreement and executing it, you still need to be on your guard. What happens if you discover something about the business that the seller failed to disclose?
Whether out of desperation or some other nefarious motivation, a seller may misrepresent the business's accounting books or actual assets. The seller may perpetrate some sort of fraud that stops your deal in its tracks or threatens your ability to make the business you purchased a success. Perhaps the seller signed a noncompete agreement, and you discovered that he or she is violating it.
Whether you need assistance buying a business or encounter issues with a business you already purchased, you do not have to resolve the issues on your own. You may benefit from making use of the legal resources available to you here in the Anaheim area. The advice and assistance you receive could help you complete your transaction or resolve a dispute in a manner that allows your newly acquired business to thrive.