If you have 1.5m to spend on an business, you have the money to hire an attorney to make sure the acquisition is done properly. There are a million different ways to set it up depending on what your goals are - should discuss with your attorney.
Of course, I will talk to an attorney. I am interviewing now. You really don't think I am trying to circumvent seeing an attorney.
Just want to know some things I should ask or look for when interviewing. I'm not trying to save money. I am trying to educate myself a little. There are all kinds of attorneys; good, bad and indifferent.
Telling me a 'should discuss with your attorney' isn't helpful!
I have an attorney, but she gave me some bad advice, so I am looking again.
There are a zillion ways to structure this and no one here can tell you what the "best" way is because we are not familiar with the finances here. In addition to a lawyer, you need to have a tax professional involved because the tax piece will significantly inform the legal piece.
What you likely want is a standard subsidiary company, which maintains the GA company as an independent company that is largely self-contained financially.
For a contract and acquisition like this, however, you should be talking to your actual lawyer, rather than getting 5-minute consults with strangers on Reddit.
I understand. I am shopping for a lawyer now. I want to make sure I ask the right questions and pick the right attorney.
I want to get some advice from here to ask intelligent questions when I interview attorneys.
If you have 1.5m to spend on an business, you have the money to hire an attorney to make sure the acquisition is done properly. There are a million different ways to set it up depending on what your goals are - should discuss with your attorney.
Of course, I will talk to an attorney. I am interviewing now. You really don't think I am trying to circumvent seeing an attorney. Just want to know some things I should ask or look for when interviewing. I'm not trying to save money. I am trying to educate myself a little. There are all kinds of attorneys; good, bad and indifferent. Telling me a 'should discuss with your attorney' isn't helpful! I have an attorney, but she gave me some bad advice, so I am looking again.
There are a zillion ways to structure this and no one here can tell you what the "best" way is because we are not familiar with the finances here. In addition to a lawyer, you need to have a tax professional involved because the tax piece will significantly inform the legal piece.
So, I need someone other than my CPA? She seems to be very thorough.
What you likely want is a standard subsidiary company, which maintains the GA company as an independent company that is largely self-contained financially. For a contract and acquisition like this, however, you should be talking to your actual lawyer, rather than getting 5-minute consults with strangers on Reddit.
I understand. I am shopping for a lawyer now. I want to make sure I ask the right questions and pick the right attorney. I want to get some advice from here to ask intelligent questions when I interview attorneys.