Procrastination; waiting to sell until you are..."Burned out"
Seriously ill or disabled
Unwilling to "give up" on diminishing asset or deteriorating business
Poor Contracts Library (lost files and unsigned contracts)
Little or No Intellectual Property or Trade Secrets ProtectionNondisclosure Agreements - with employees and vendors
Authorship Agreements ("Work for Hire")
No Business Retention Strategies for... Key Employees
Key Business Relationships
Poor Financial Records; inconsistent or late filings
"For Today" Tax Planning... Use of C Corporation
Holding unrelated businesses in a single entity
Failure to continue to update/upgrade the business
If you would like to discuss preparing your business for sale or transition to next-generation owners, or to gain a general understanding of the sale process, please feel free to contact the office at (316) 684-2929 and ask for Michael Biggs, Tyler Paul, Ryan Rising, or Sean Durr.
ABOUT BIGGS PAUL LLC
Biggs Paul LLC provides value-added legal services within the context of a number of a number of industries on a broad array of matters to entrepreneurs and privately-owned and growth-oriented business enterprises during all stages of their development.
Landmark Office Park
3500 N. Rock Rd., BLDG 1100
Wichita, KS 67226
Cider Gallery Building
810 Pennsylvania St., STE. 224
Lawrence, KS 66044