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A letter of intent (LOI), also commonly referred to as a term sheet, is generally used when one party wants to enter into a business deal with another party. Letters of intent are serious legal instruments, and as such, should be drawn up and drafted by attorneys experienced in the matter.

When one entity sets about to take control of another business through an acquisition of stock, the transaction is governed by what is called a Stock Purchase Agreement (SPA), sometimes called a Securities Purchase Agreement or simply Stock Purchase.

Buying a business is not like buying a house. Of course, the home inspector may miss something during the course of their assessment which could lead to the purchase of a bit of a money pit. Miss something when doing due diligence in the course of purchasing a company and you may find yourself in severe financial and legal trouble.

As with most things in business, mergers and acquisitions begin with a strategy and end with implementation. In between, there are multiple steps necessary for success, including careful planning, intuitive evaluation, due diligence, and financing.

You’ve built a small business in the Kansas City area. Your blood, sweat and tears have kept your business surviving through ups and downs. You are on the verge of retiring and want to ensure a smooth transfer of ownership.

Tuesday, November 6, 2018. Missouri voters approved medical marijuana by passing Amendment 2. There are now 32 states that have legalized marijuana for medicinal or recreational purposes.

Owning and operating a franchise has many pros and cons. Is owning a franchise the right opportunity for you?

Your business idea has come to fruition. You are ready to dive in to your adventure and need assistance creating your Terms of Use (TOU) for your website or online platform.

If you own a growing business in Kansas City, you may have found the need to seek help in carrying some of your workload or you may be contemplating expanding your team.

Finding the right lawyer for your business is hard. If you are like most of my executive coaching and mastermind clients, you ask your network if anyone “knows a lawyer that …” and you’ll get a couple of responses. Great.