How Do You Sell A Business?

A Legally-Sound, Strategic Exit Starts Here

Selling a business isn’t just a transaction—it’s a transition. Whether you're ready to retire, pivot industries, or capitalize on years of hard work, you need more than just a broker or valuation formula. You need a legal partner who understands exactly how to sell a business—strategically, compliantly, and with your long-term interests in mind.


At Empire Business Law, we help business owners across California and New Jersey confidently sell their companies by guiding every legal, financial, and strategic detail from start to finish. If you’re asking, “How do you sell a business?”, you’ve already taken the first step toward a smart, successful exit.

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What Is the Process of Selling a Small Business?

The process of selling a business involves far more than signing a deal and handing over the keys. At Empire Business Law, we ensure every phase of the sale is managed with precision and professionalism.


Here’s how we guide clients through the business sale process:


  1. Pre-Sale Planning: We identify potential risks, liabilities, and dealbreakers before you list—so there are no surprises later.
  2. Valuation Support & Structuring: Whether it's an asset sale or a stock sale, we advise on the structure that best protects your interests.
  3. Due Diligence Preparation: Buyers will look under every stone. We ensure your legal documents, contracts, and financials are clean and complete.
  4. Drafting & Reviewing Agreements: From LOIs to NDAs, purchase agreements to transition plans, we draft and negotiate everything with your protection top of mind.
  5. Closing the Deal: We oversee the closing process to avoid last-minute issues, ensure compliance, and guarantee your peace of mind.



This is not a one-size-fits-all checklist—each sale is unique, and our approach is customized to your business’s size, industry, and goals.

How Do I Value a Small Business for Sale?

One of the most common—and most critical—questions we hear is: How do I value a small business for sale? The answer depends on your industry, revenue streams, tangible and intangible assets, customer base, and even your legal structure.


At Empire Business Law, we don’t just hand you a generic formula. We help you understand:


  • Which valuation methods make sense for your business (e.g., earnings multiplier, asset-based valuation, market comps)
  • How to present your value in a compelling and legally sound way to buyers
  • How to factor in liabilities, leases, intellectual property, and contracts that may impact value
  • What terms beyond price can dramatically affect your take-home (e.g., earn-outs, seller financing, or non-compete clauses



We collaborate with business brokers and CPAs but bring the legal perspective that ensures your valuation doesn’t leave money—or protection—on the table.

Who Benefits Most From Legal Guidance When Selling a Business?

If you own a small or mid-sized company and are planning to sell, legal representation is not optional—it’s essential. Whether you're selling to a competitor, an investor, a partner, or even a family member, having experienced counsel on your side ensures:


  • Your personal and business liabilities are limited or eliminated
  • Your deal structure minimizes taxes
  • The transition is smooth for employees, vendors, and customers
  • Confidential information is protected before, during, and after the sale
  • All representations and warranties are fairly negotiated



We’ve worked with service providers, tech companies, retailers, manufacturers, and more—each with its own set of complexities. Empire Business Law provides the tailored legal strategy your unique exit deserves.

February 6, 2025
Selling a business is a complex process that involves multiple legal, financial, and operational considerations. Whether you’re transitioning to a new venture, retiring, or simply moving on, ensuring a legally sound sale is crucial to protecting your interests. Without proper legal guidance, business owners may face unnecessary liabilities, disputes, or delays that could jeopardize the transaction. At Empire Business Law , we specialize in helping business owners navigate the sale process efficiently. From structuring the deal to finalizing contracts, we ensure a smooth, legally compliant transition so you can focus on your next steps with confidence.
February 6, 2025
Selling a business is a major financial and legal transaction. Whether you’re moving on to a new venture, preparing for retirement, or simply looking for a change, the process of selling a business involves complex legal considerations. Without the right guidance, business owners can face costly mistakes, delays, or legal disputes. At Empire Business Law , we specialize in helping business owners navigate mergers, acquisitions, and business sales with confidence. From preparing legal documents to ensuring compliance, our attorneys are here to make the process as smooth as possible.  In this guide, we’ll walk you through the key legal steps involved in selling a business and how our team can help protect your interests at every stage.
February 6, 2025
Buying an existing business can be a smart investment. It allows you to skip the difficult startup phase, acquire an established customer base, and generate revenue from day one. However, the process is complex and requires careful legal and financial due diligence. Without the right guidance, buyers may overlook critical details that could lead to financial loss or legal disputes.  At Empire Business Law , we specialize in helping business owners navigate mergers, acquisitions, and legal transactions. Our goal is to ensure a smooth and secure business purchase while protecting our clients from potential risks. In this guide, we’ll break down the step-by-step process of buying a business , from identifying the right opportunity to closing the deal.
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Why Choose Empire Business Law to Help You Sell Your Business?

Selling your business is one of the most important financial decisions you’ll ever make. At Empire Business Law, we don’t just represent you—we advocate for your legacy, your financial future, and your peace of mind.


Here’s why our clients trust us:


  • Unmatched Experience in Business Sales
    We've successfully guided hundreds of business owners through the legal complexities of selling a business, from startups to established enterprises.
  • Bicoastal Reach, Local Expertise
    With offices in
    California and New Jersey, we understand the nuances of state-specific laws, licensing, taxes, and filing requirements.
  • Growth-Focused Legal Strategy
    Unlike firms that only think about the sale, we think about what happens after. Whether it’s asset protection, tax planning, or legacy structuring, we help you look ahead.
  • Responsive, Relationship-Driven Service
    You’ll work directly with experienced attorneys who take time to understand your goals—not get passed off to paralegals or junior associates.



Selling your business doesn’t have to be overwhelming. With Empire Business Law, you gain clarity, confidence, and control from first consultation to final signature.

Frequently Asked Questions About Selling a Business

  • How long does it take to sell a business?

    The timeline to sell a business varies widely, but most small business sales take anywhere from 6 to 12 months. This includes time for valuation, preparation, listing, negotiation, and closing. At Empire Business Law, we work to reduce delays by proactively addressing legal bottlenecks early on. Our thorough approach to due diligence, documentation, and buyer communication ensures smoother transactions with fewer surprises.

  • Can I sell my business if I still have debts or liabilities?

    Yes, you can still sell a business even if it has outstanding liabilities. However, those liabilities must be disclosed and addressed in the deal structure. Some buyers may assume the debt; others may reduce the offer price or require the seller to pay off balances before closing. Empire Business Law helps structure these situations to protect your interests while maintaining buyer confidence.

  • Do I need a lawyer to sell my business?

    Absolutely. Selling a business involves complex contracts, negotiations, and legal risks. From asset transfers and intellectual property rights to indemnification clauses and tax implications, having a business lawyer is critical. Our team ensures you’re fully protected, every document is enforceable, and your exit is clean and compliant.

  • What’s the difference between an asset sale and a stock sale?

    In an asset sale, the buyer purchases specific business assets (like inventory, equipment, and goodwill), while the seller retains ownership of the legal entity. In a stock sale, the buyer purchases the entire business entity, including all assets and liabilities. Each has distinct tax and legal implications. Empire Business Law evaluates your situation and recommends the approach that maximizes value and minimizes risk.

  • What happens after the sale is complete?

    Even after the sale, legal matters may remain. These include transition services, non-compete obligations, earn-out payments, or remaining liabilities. We stay involved after closing to ensure all post-sale obligations are honored, and we assist you with reinvestment strategies, retirement planning, or starting your next venture. Selling your business is not the end—it’s the beginning of what’s next.

Ready to Sell Your Business with Confidence?

If you're asking “How do you sell a business?”, the next step is a free, no-pressure consultation with Empire Business Law. We’ll help you explore your options, understand your legal risks, and plan a strategic, stress-free exit.

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Successfully counseled hundreds of businesses

Experienced in working with a diverse group of businesses.

A sought after team of lawyers that are on your side.

Testimonials

If you are looking for a very professional and reliable lawyer do not look any furthermore. Daniel López helped us by answering all of our questions. He made us feel comfortable with the process. I will highly recommend him to my family and friends. Thank you so much, Daniel. You were the best!

Ines S

Empire Business Law Client

Daniel is amazing! he's helped us get our business restructured right. He's so knowledgeable and extremely responsive. I would highly recommend Daniel and the attorneys at Empire Law for anything you need done with your business.

Rudy G.

Empire Business Law Client

We needed some trademark work done. There was another business using our logo. We called Empire and they literally held our hand through the whole process.

Patrick M.

Empire Business Law Client

I recommend Daniel Lopez, Esq. due to his knowledge, integrity, and ability to choose what is right for his clients. No upselling or trying to overcharge.

Tim J.

Empire Business Law Client

Great first experience with this Law firm. I had a meeting with Daniel. He was friendly, informative, and straight to the point which I appreciate as a business professional.

Tom A.

Empire Business Law Client

Danny was very helpful and answered all my questions regarding the creating of my LLC. He was very helpful. I would work with his firm again.

Stevee A.

Empire Business Law Client

Always a great experience speaking with Danny. Knowledgeable and professional.

David P.

Empire Business Law Client

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