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Business Law | Maryland | Washington D.C

Owning your business is a rewarding experience and every day many entrepreneurs fulfill their dreams by purchasing established businesses, dental or medical practices, franchises, or by starting up new businesses and/or professional practices from the ground up. While you should be enthusiastic about starting a new enterprise, you should take the appropriate steps to protect your personal assets and legal rights. Buying or selling a business could have significant financial consequences long after the Closing.

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If a contract is not properly negotiated, buyers may find years after the transaction that they are liable for claims and damages that occurred well prior to purchasing the business (when it was operated by the previous business owner).  Likewise, sellers may find that they are responsible for certain liabilities or suffer damages after the Closing if the agreement is not properly negotiated on their behalf, particularly if the seller is financing a part or all of the purchase price or has propriety information that is not meant to be transferred as part of the deal.

You should retain an attorney that is experienced in buying and selling businesses and professional practices if you are contemplating negotiating and entering into such contracts. I can represent you in buying or selling your business from negotiating the purchase price and the terms of the contract through the Closing. I can further assist you to prepare for various business contingencies through shareholder agreements, operating agreements, and/or partnership agreements.

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If you would rather start up a new business or professional practice from scratch so that you build value and equity in it instead of paying a premium in form of the purchase price to buy an already existing business, I can help you navigate through the bureaucratic maze of licenses and permits, negotiating a lease for a desirable location, as well as protecting your personal assets through the formation of various business entities such as a corporation (Inc.), a professional corporation (P.C.), a limited liability company (LLC), and/or a partnership in Maryland and Washington, DC. By selecting the appropriate business entity that is suitable for your objectives, you can minimize your taxes while maximizing your protection against potential business liabilities.

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In cases of commercial and/or contractual disputes, I will aggressively represent you in and out of Court to effectively assert and defend your legal rights.

My goal is to provide sophisticated legal services without the inefficiencies commonly associated with being represented by “big law firms.”  Feel free to contact me if you intend to purchase a business, sell your business, start up a new business, or are a party to a contract dispute.