Are Representations and Warranties Worth anything when Buying a Business?
October 13, 2021
by a professional from Bishop's University in Moncton, NB, Canada
Alexia wants to know about the warranties offered by sellers. If someone lies and costs you money, you sue them right? But what if the solution costs more than the problem? This is the issue with representations and warranties when we talk about small business transactions. In order to deal with potential lies and misdeeds on the part of sellers, we need two powerful tools that we can use in the even there is a problem. Watch here: https://youtu.be/LStVgWOM2LI
from University of Southern California in North Palm Beach, FL, USA
https://youtu.be/HdN3az7k1DY
https://youtu.be/oMcz-SgRsIQ
https://youtu.be/vBTI-1LrqQQ
from The Johns Hopkins University in Basking Ridge, NJ 07920, USA
I agree with ^redacted's emphasis on HR.
In addition to considering a banker, depending on the size of the deal and sophistication of the parties, a good wealth advisor (emphasis on good) can provide valuable guidance as well.