Featured Video: Harold Steinbach answers, "What must a client do in preparation of selling his or her business?"

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What is Business Transactions Law?

Starting a business to selling a business. Contract drafting and negotiation. Venture capital and private equity investments. These are all examples of business transactions that are best complete with the assistance of a lawyer. Because of this, we think that almost everyone needs a business transactions attorney they can trust, but a lot of people don’t know what we do or how we can help.

Business Transactions Law Explained

Business and corporate transactions are a part of daily life of a business. Business transactions are the interactions between businesses and their customers, vendors and others with whom they do business. Transactions can be very simple, like buying a cup of coffee, or extremely complex, taking a long time and involving many companies or agencies. New technologies and management approaches are developing around the management of business transactions. That’s why it’s important to find a highly rated, experienced business transactions attorney.

Buying and Selling a Business

If you’re thinking about buying or selling a business and want to get the best deal possible, you will need to do a lot of planning ahead and purchase or sale development. Here at ReelLawyers is a great place to find out what you need to know. Find a lawyer to help you perform due diligence before buying a business, valuing a business you intend to buy or sell, and using an acquisition agreement to finalize the terms of a business sale.

Business Formation and Capital Development

So you’ve got a great product idea and business model. Now you need to know what sort of legal entity you should form your business under. An attorney can help you through this process by advising you on tax implications and fee structures for partners, or even how to prepare for a future IPO (initial public offering).

Raising money to start a business is not an easy process. With the help of an attorney, you can be guided in the right direction for seeking investors and structuring the capital in an effective way.

Contract Drafting and Negotiation

Commercial litigation often occurs as a result of common and recurring mistakes that are made during the drafting and negotiation of contracts. Litigators and transactional attorneys alike know the importance of a thoroughly negotiated, and well thought out, contract.

For example, some of the important things that an attorney can assist business people with are: investigating future business partners, rigorous due diligence, approval of contracts, defining ambiguous terms, including choice of law provisions, including provisions related to fault and termination, specifying damages, how disputes should be resolved, and establishing procedures for contractual compliance.

How Do I Find the Best Business Transactions Attorneys in Hackensack?

If you’re looking for a business transactions lawyer in the New Jersey Hackensack or New York metro area, ReelLawyers posts thousands of videos offering advice on issues what to do when you are buying or selling a business, business formation, contract negotiation or drafting, or any other business transactional need.