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Asset Purchase Agreement 101

This article is about Asset Purchase Agreement 101, which is a summary of what is an Asset Purchase Agreement.  Gateville Law Firm are business and real estate lawyers focused on asset purchase agreements and business purchases and sale transactions in the Plainfield, Joliet, Naperville, Aurora, Oswego, Minooka, Yorkville, and Romeoville area.

WHAT IS AN ASSET PURCHASE AGREEMENT?

An Asset Purchase Agreement is an agreement between a buyer and a seller whereby a buyer agrees to purchase the assets of a seller’s business.  Essentially, an Asset Purchase Agreement is a written agreement where a buyer purchases the assets of a Seller’s company.  Simply put, an buyer prefer to purchase the assets of a Seller’s company because it limits their liability.  When purchasing a Seller’s business, a buyer does not know any potential or real liabilities that the Seller may have occurred.

BUSINESS PURCHASE AND SALE:  ASSET PURCHASE AGREEMENT ATTORNEY

The role of a business purchase and sale attorney is a vital role when one is buying or selling their franchise or business.  Generally, a business attorney is an business advisor and counselor of law.  A business attorney guides a buyer or seller of a franchise or business on how best to purchase or sale the business or franchise.  A big part of a business attorney’s job is to review the Asset Purchase Agreement and draft a well-written business purchase agreement.  A well-written business purchase agreement is critical because it limits and protects one’s economic interests by having a well-written Asset Purchase Agreement.

PLAINFIELD BUSINESS, TAX, AND ESTATE PLANNING ATTORNEY:  BUSINESS PURCHASE AND FRANCHISE ATTORNEYS

Sean Robertson is an experienced business and franchise attorney that assists buyers and sellers of franchises and businesses with the purchase and sale of a business.  We are passionate about buying and selling businesses.  We love the art of a deal and negotiating business purchases and sale transactions.  Attorney Robertson is a graduate of DePaul University College of Law and University of Illinois at Urbana-Champaign.  Unlike most business lawyers, our attorneys are entrepreneurs, business advisors, and tax planning attorneys.  Attorney Robertson provides skilled and experienced business purchases and sale transactions.  We are experienced in franchise purchases and sales transactions.

LLC AND CORPORATE ATTORNEY IN PLAINFIELD AND WILL COUNTY

Attorney Robertson is skilled as an LLC and Corporate Attorney in the Plainfield, Romeoville, Naperville, Joliet, Crest Hill, Bolingbrook, Oswego, Aurora, Montgomery, and Will County areas.  Most business transactions now are an LLC or Corporation.  Having a skilled LLC and Corporate Attorney on your team is essential.  Attorney Robertson has the experience, skill, and passion to assist you and your business.

CALL OUR PLAINFIELD ASSET PURCHASE AGREEMENT LAWYER TODAY AT 630-780-1034

Attorney Robertson provides free initial consultations over the telephone.  Call us today at 630-780-1034 and see how our wisdom and knowledge can assist you and your team.  Whether you are purchasing or selling a franchise or need an experienced business and corporate attorney, Attorney Robertson and Gateville Law Firm is your experienced business advisors.

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