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How Do I Sell My Business Without Getting Sued

A question sellers ask: how do I sell my business without getting sued, isn't a subject just for discussions with lawyers. A seller can take some precautions to reduce potential legal problems. Peter Siegel, MBA Founder Of BizBen and BizBen.com's ProBuy and ProSell Programs discusses this topic.

Confidentiality Agreements

Owners should keep the fact that they want to sell their small business confidential. Before releasing information to prospective buyers, buyers should commit to confidentiality in writing & should understand why it is important. Peter Siegel, MBA a ProBuy and ProSell Advisor with BizBen explains.

Liquor License Transfer Process Tips From Broker Specialist

The process for making a liquor license transfer used to take approximately 55-70 days, but now because of labor shortages and work protocols, it can be up to 3 months in California, for example. The longer an escrow is open, the greater the chance of having it fall out of escrow.

How to avoid lawsuit when selling your business

Despite precautions, business owners often face lawsuits, even when innocent. Litigation, even if won, means losses in money, time, and resources, leading to uncertainty and negative publicity

What I Learned About Earn Outs

Christina Lazuric, a business broker in Southern California explores earn-outs and her experiences of structuring one on her latest deal.

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