Medlin & Medlin, PA
Attorney at Law
(704) 786-8173
Concord, NC 

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Let me caution you about buying an existing business Assets.

Many of us dream of owning our own business and operating it in the way we choose.

In buying the existing business, you must be careful that you are buying all of what you anticipate acquiring from the seller.

You don’t want to walk in Monday morning to have your first day of work and find the shelves empty and the phone system ripped out of the wall.

For instance, you must be careful to get a full inventory of all of the seller’s stock and trade, equipment, inventory, accounts receivable.

You must also have a contract that carefully lists all the equipment and supplies of the business sold to you.

You don’t want to take a chance that the seller will carry away too much of what is in the business that you anticipate buying and you will need to operate that business.

Most people have never bought a business before.

There are a million details and a million ways the transaction can bite you.

You need an experienced business attorney, one who has handled multiple business sales.

There are ways we can protect you, both contract and practical solutions.

Be sure you get the contract terms you need to protect you when buying a business.

In nearly 40 years of law practice, I have handled hundreds of effective business contracts.

My job is to take care of my clients.

Call me.