GARRETT, PLLC FIRM BLOG

Business Transformations!

January 11, 2024

Today we’re talking about unlocking the secrets of corporate transformations.

When it comes to mergers and acquisitions, there are so many ways to structure a deal.

First up, the traditional way, an acquisition.

Or, you can merge with another business, if you already own one.

Or you can even just purchase the assets of another business; think clients, vendors, or relationships.

When it comes to:

An acquisition: you purchase the business name along with the good AND (potentially) bad reputation of the business.

An asset purchase: means you strictly purchase the assets.

No matter how the deal is structured, it’s important to consult counsel from an attorney who knows small businesses, inside and out.

If you’re in need of legal counsel for your small business, we’re here to help.

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