(October 5, 2004. Manchester, NH) - Sheehan Phinney Bass + Green, PA has just published Selling the Private Business, written by Attorney Alan L. Reische, in conjunction with Attorneys Michael J. Drooff, Peter W. Leberman, and Colleen Lyons. This comprehensive guide will help private business owners who may be contemplating selling their companies to understand the business sales process by outlining the various responsibilities of both buyers and sellers. Readers will be introduced to each phase of the sales process from identifying a buyer through the various types of agreements, the forms of transactions, warranties and covenants, up to the final closing. Reische also touches upon how to treat key employees, shareholders and vendors throughout the transaction.
As Mr. Reische states in his introduction, "Selling a company can be a profound emotional and psychological experience for clients. The sales process can seem complicated." While each sale has unique components to it," he adds, "our approach in writing Selling the Private Business was to introduce readers to the steps these transactions often follow." |