• Davis Law Group Team

Tag Archives: Buy-sell

A Brief Explanation of Limited Liability Companies

1.  What is a Limited Liability Company? A limited liability company or “LLC” is a business entity that is designed to offer co-owners of a business who make a proper filing with the state, freedom from personal liability for the debts of the business, the debts of each partner, the option to manage the business...
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Sale or Purchase of a Business – Things the Parties Should Discuss & Determine

When buying or selling a business there are a number of issues to consider and ultimately resolve in order to ensure that both parties receive what they have bargained for and to make the process as smooth as possible. A lot of information is required so that your attorney and CPA can properly advise you...
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Would You Sell Your Company for $2.3 Billion?

If you are Men’s Wearhouse, Inc, the answer is a big fat NO!  Earlier this week, rival company Jos. A. Bank Clothiers, Inc. offered Men’s Wearhouse $2.3 billion to buy them out.  Men’s Wearhouse quickly responded with a resounding rejection.  Check out this article from Reuters.com entitled “Jos. A....
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Virginia Buy-Sell Agreement – Valuation Methods

One of the most important considerations in a Buy-Sell Agreement is the valuation method to determine the price at which a business owner may, or is required, to purchase the departing owner’s interest.  There are three basic options for valuing your business in a Buy-Sell Agreement: (1) fixed price, (2) formula, or (3) appraisal. Fixed Price...
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