by walkerlawpc | Nov 21, 2017 | Blog Posts, Business Sale and Acquisition
All negotiations concerning the sale price of a business should be expected to travel on what I call the “Selling Price Curve.” Discovery & Disclosure On the upslope of the Discovery & Disclosure side, your potential sales price advances up the Selling Price...
by walkerlawpc | Jun 21, 2017 | Blog Posts, Contract Tips
The point of a contract and contract drafting is to establish the duties and obligations. It also establishes the rights and responsibilities between the parties to the contract. Contracts drafted carefully and correctly minimize the risk of litigation. When someone...
by walkerlawpc | Mar 17, 2017 | Blog Posts, Contract Tips, General Business
Successful business contracts are a critical part of running a successful business in Texas, or anywhere. These contracts are involved in all aspects of conducting business and you can hardly make it through the work day without encountering some sort of contract....
by walkerlawpc | Feb 13, 2017 | Blog Posts, Business Sale and Acquisition
Introduction When the buyer and seller are far apart on the valuation of the business, negotiations will not be easy. Price expectations can be narrowed when both sides agree on a business earn-out provision in the acquisition contract. A business earn-out is a...
by walkerlawpc | Jan 9, 2017 | Blog Posts, General Business
Here’s a quick checklist of some items to consider as you go forward into 2017. Discuss these with your team of inside and outside advisors. Entity Issue Clean-up. Type of Entity: Do you need to form a formal company? (Think entity types like corporation,...
by walkerlawpc | Dec 2, 2016 | Blog Posts, General Business
When Selling a Business, the CPA Should Be Your First Pick When Drafting Your Team Selling your business is a complex undertaking that requires specific skills to maximize your closing amount. This is not a “do-it-yourself” project. The stakes are too high and it’s...