“What do I need to do to prepare to sell my business?”
You’ve decided to sell your business, but you’re wondering what you need to do to get ready for that sale. Maybe you’re looking to buy a business but don’t know what to look for or if you’re getting a good deal. You might be an entrepreneur looking for ways to expand your business with a goal of world domination. Whatever your business transaction may be, our Sioux City attorneys, Sioux Falls lawyers, and Omaha attorneys can help. We know you want to invest in good opportunities, make money, and live without regret. Call our business law firm today. We know how to get deals done, and that’s worth it.
We've done a lot of deals. Over 2 billion dollars in deals.
Since 2009, our Sioux City law firm, Sioux Falls law firm, and Omaha law firm have handled mergers and acquisitions (M&A) transactions, from small family businesses to large complex matters. You have a deal in the works, and we can help make it happen.
We represent all categories of participants in transactions, including buyers, sellers, major stockholders, lenders, financial advisors, management, special board committees, venture capitalists, individual investors, and private equity funds.
Our team of business attorneys work with closely held entities and family businesses. We are members of the Prairie Family Business Institute. We provide cutting edge resources to the Midwest study group on family owned businesses.
Goosmann's experienced transactional attorneys are frequently invited to speak at national conventions and never hesitate to take leadership roles in national professional organizations focused on making deals. Want more information on our deal-making team? See our blog!
Disclaimer: The following testimonials do not constitute a guarantee, warranty, or prediction regarding the outcome of your legal matter.
What we do.
PROBLEMS AND HOW WE SOLVE THEM
“What do I need to do to prepare to sell my business?”
Before you hang the for sale sign, you should understand what you need to prepare for the sale.
Read our blogs about selling your business and call us today to help with your business sale!
I want to buy a business. What do I look for?
When you go to buy a business, you may find it more difficult to tell a good purchase from a bad one. Here are three things to look for when considering buying a business.
First, look for signs the company is in good financial health. Second, look at the company’s reputation. Third, look for risks.
The risks of a business purchase may be harder to spot than cracks in a foundation, but they are just as important to identify.
Have an attorney and accountant check for unrecorded and identified liabilities. Contact our Sioux City law firm, Sioux Falls law firm, and Omaha law firm today to help you with your business purchase.
What are key elements I need to have in my Business Purchase Agreement?
Our team of business lawyers can help you put together a purchase agreement for your business. We also provide strategic legal advice in various contracts used during business buying and selling. Our attorneys can help answer all your question about your purchase and sell. Contact Sioux City attorney, Sioux Falls lawyer, and Omaha attorney teams to draft and review your contracts today.
How do I divorce my business partner?
If your business partnership is past the honeymoon phase and it seems like you can never find common ground, you might be looking into getting a “business divorce.” A business divorce is when a partnership is broken by one partner buying the other out, or one selling their portion of the business. Our team will help make this a smooth process, cutting out the drama and leaving you in a happier business relationship.
How can I sell some of my shares in a closely held business without it costing a lot?
Your goal is to make money, not lose it. Buying and selling shares in a closely held company can be costly, but we can help navigate you through the process, analyzing risks and ways to save you money. We work with your financial advisors, bankers, and CPAs to help make sure you’re keeping more money in your pocket. Call our Sioux City lawyer, Sioux Falls attorney, and Omaha lawyer team today to help analyze your options.
How do I grow my business by acquisition?
Are you a serial entrepreneur and love a new challenge? You think bigger is better and business buying and making deals is your thing. Contact our team of business attorneys to help you grow your business by acquisition while looking into other options to grow your business by creating synergies and opening market opportunities.
What we offer
Stuff they probably didn’t teach you in school.
You’ve worked hard to get to where you are today, but now you’re ready for a new challenge. You might be looking to buy a business or sell your business. Whether it’s your time to move on to your next venture or you’re ready to take a leap and grow your current business, we are here to help guide you towards your goals and make deals happen. Don’t worry if you think you missed this portion of the test during school – each sale is different and that’s what we are here for. We are ready to make your deal happen!
Read our blogs on buying and selling a business:
“Is my new vendor contract a good deal?”
*Sigh, reading legal jargon, blah, blah, blah* Reviewing a contract without an attorney can lead to trouble in the future. If you sign on the dotted line without fully understanding all the terms, you may be risking your business. Who really likes reviewing legal contracts? We do! Call us today to review and draft your business contracts today!
Types of contracts we can help with:
- Asset Purchase Agreement
- Stock Purchase Agreement
- Agreement for the sale of goods
- Purchase order
- Bill of sale
- Warranty and limited warranty
- Security agreements
- Employment agreements
- Employee noncompete agreements
- Independent contractor agreements
- Consulting agreement
- Distributor agreement
- Sales representative agreement
- Confidentiality agreement
- Nondisclosure agreement
- Employment separation agreement
- Real property lease
- Equipment lease
- Franchise agreement
- Advertising agency agreement
- Indemnity agreement
- Settlement agreement
- Assignment of contract
- Partnership agreement
- Joint venture agreement
“I want to multiply my business’s team, culture, and customer experience. Is franchising for me?”
Are you envisioning your business on a bigger scale? Our business attorneys can help determine if franchising is right for you and your business. If so, we work with you and your team to implement your big dream.
At Goosmann, we represent regional and national franchisers, franchisees, distributors, manufacturers, and wholesalers with legal needs in areas of business transactions, business litigation, franchise formation, corporate governance, and crisis management.
Call our Sioux City lawyers, Sioux Falls attorneys, and Omaha lawyers today to help your franchise or distribution company with your legal needs! Looking for more information about franchising? Read our blog here.
A joint venture may be your best option to leverage the capabilities of your business. Whether it be to land a major customer or do a service of mutually beneficial deals, our Sioux City law firm, Sioux Falls Law Firm, and Omaha law firm can provide advice regarding joint ventures and strategic alliances that will benefit your company!
There’s a reason why some commercial litigation is often referred to as a “business divorce.” It’s the legal breakup of privately-held business entities. Given the nature of the separation, it can be fraught with emotional traps, especially if the business involves family, friends, or longtime partners.
Like any legal separation, a business divorce is as complicated and expensive as the conflicting parties make it. With an experienced legal team by your side, you can approach the task with awareness, thoughtfulness, and efficiency so you can be best equipped for what comes next.
Do you have an exit plan in place?
There’s a lot to think about when transitioning your business. We understand that exit strategies are difficult, complex, and in some cases stressful. Our team of business lawyers can help you strategize your exit strategy without a sweat! The sooner you start to plan, the better. Call our Sioux City attorney, Sioux Falls lawyer, and Omaha attorney today to help with your exit planning!
Read our blogs:
Purchasing and selling real estate is often part of mergers and acquisitions. There are numerous assets included in a sale including real estate. We represent sophisticated developers, corporations, individuals and new property owners. Our real estate attorneys can guide you through the purchase, sale and leasing of real estate and all it entails.
What we do:
- Real Estate Transactions – major and complex real estate transactions to first time purchases
- Purchase and Lease Agreements
- Co-Owning Property
- Liability Protection
- Buying Property and Selling Real Estate
- Dividing Up Farmland to Children
- Review Title, Title Opinions
- Abstract Review
- Title Search
- Investment Property Development
- Distressed Real Estate
- Eminent Domain
- Specific Performance
- Land Use
- 1031 Exchanges
- Mortgages/Deeds of Trust
- Tax Increment Financing
- Redevelopment Agreements
- Historic Redevelopment
- Landlord/Tenant Agreements
- Commercial Real Estate Development
- Commercial Property Tax Appeal
- Residential Property Tax Appeal
- Real estate broker regulation advice
EXPERIENCE & CASE RESULTS
Past case results do not indicate the outcome of your case and case results are not typical.
Acted as counsel in many business sales and acquisitions; both asset and stock transactions. Handled mergers and acquisitions involving warrants/rights.
Represented numerous merging companies and counsel on transitional issues.
Experience with commodities, common stock, and corporate bonds.
Experience forming mass and complex companies and counseling clients on corporate matters with preferred stock.
Represented corporations in real estate deals.
Negotiated government incentive deal worth millions of dollars for client.
Provided counsel on refinancing of large scale farming operation worth several hundred million dollars.
Filed declaration of Horizontal Regime (condo) for real estate developer in repurposing of historic building.
Represented corporation in a multi-million dollar real estate and business expansion.
Drafted contracts and provided legal advice to American construction company seeking to initiate operations in the Caribbean.
Developed employee handbook for manufacturing company.
Completed formation of Tribal Entity to limit its liability in major contracts and proactively limit exposure for pre-formation activities.
Filed Declarations of Covenants and formed Homeowner’s Association for real estate developer.
Successfully defended employer in Family Medical Leave Act case.
Extracted company from joint venture that went sour.
Represented medical professionals in sale of business.
Represented buyer in expanding footprint by acquisitions in medical industry.
Completed sale of tech start-up to major telecommunications player and allowing owners to cash out.