New Jersey Real Estate Lawyer Christine Matus Explains the Important Questions to Ask a Seller Before Buying a Business
Nov 7, 2022
November 07, 2022 - /PressAdvantage/ - New Jersey real estate lawyer Christine Matus (https://matuslaw.com/buying-business-6-important-questions-ask-seller-buy/) releases a new article explaining the important questions a person should ask a seller before buying a business. The lawyer mentions that buying a business is a life-changing decision. This decision can take up a lot of time and resources. This is why it is very important to make sure that the person is taking the right steps before purchasing a business.
“Sometimes an owner’s rationale for the sale of a business is as simple as the owner wants to retire. However, when owners sell, it may be an indication that the business is headed for financial or legal troubles. Have a frank discussion with the owner about why they are selling the business and any potential problems that may be affecting their decision,” the New Jersey real estate lawyer says.
The lawyer says that one question a buyer should ask is how the business handles sales taxes and payroll taxes. Since small businesses usually have owners who do not fully understand the tax obligations they have, it is important for a buyer to make sure that issues surrounding taxes do not occur after they buy the business.
Attorney Christine Matus adds that another question a buyer must ask is the future of the outstanding contracts. When a business switches owners, the contracts that have been in place may become void. This is why it is important to make sure that the buyer knows what is going to happen to the existing contracts after the business is bought.
In the article, the lawyer explains, “If you have questions or concerns after you purchase the business, contacting the seller will be the quickest and easiest way to get these issues answered. Do not let the seller run out after the deal. Being able to contact the seller will also help you deal with potential liability accountability issues as well. From a practical standpoint, it will be nice to be able to communicate with the seller for tips, tricks, and suggestions on how to run the business that he or she has been managing for years.”
Lastly, attorney Christine Matus emphasizes the importance of having a skilled real estate lawyer when it comes to dealing with real estate transactions. Having an experienced lawyer may be able to help the client ensure that they are getting a favorable deal.
About the Matus Law Group
The Matus Law Group has a team of estate planning attorneys who are committed to helping families and individuals in real estate transactions in New Jersey and New York. Through a team approach, they work hard to help their clients with their estate planning needs. Call The Matus Law Group today at (732) 785-4453.
###
For more information about Matus Law Group - Monmouth County, contact the company here:
Matus Law Group - Monmouth County
Christine Matus
(732) 785-4453
[email protected]
Matus Law Group - Monmouth County
125 Half Mile Rd Red Bank, NJ 07701
ReleaseID: 60055873
More News
13 New Blu-Rays and 4Ks Worth Trick-or-Treating for
Vampires, backrooms and “The Pope’s Exorcist” The post 13 New Blu-Rays and 4Ks Worth Trick-or-Treating for appeared first on TheWrap.
Politico Plans Live Video Coverage of Midterm Elections
Politico isn’t leaving live video coverage of the midterm elections to the usual suspects. The political-news outlet will steam “Politico Elections Live” on Tuesday, November 3, beginning at 9 p.m., with five of its top journalists analyzing real-time results. The program will stream on Politico.com and the Politico app and also via YouTube. The panel […]
Jennifer Lawrence’s Mes° Haircare Line: Products, Prices & Where to Buy
Jennifer Lawrence launched her new mes° haircare line on Tuesday (October 27), with three products! Fans of the Academy Award-winning […] The post Jennifer Lawrence’s Mes° Haircare Line: Products, Prices & Where to Buy appeared first on Just Jared - Celebrity News, Entertainment News & Photos.
Billy Evans Felt ‘Violated’ by Shower Scene in ‘You Can See Everything,’ Source Says Amid Director Claiming Billy ‘Didn’t Care’
You really can see everything of Billy Evans in the new documentary You Can See Everything as he appears full […] The post Billy Evans Felt ‘Violated’ by Shower Scene in ‘You Can See Everything,’ Source Says Amid Director Claiming Billy ‘Didn’t Care’ appeared first on Just Jared - Celebrity News, Entertainment News & Photos.
Ancestral Memory Meets AI in Himalayan Drama ‘Shirjara: Song of Grandmother’ at Tokyo Gap-Financing Market
A Himalayan drama that sets a grandmother’s stories against the rise of artificial intelligence is aiming for a Cannes premiere next year. Director Bikash Subedi’s Nepali feature “Shirjara: Song of Grandmother” has wrapped principal photography and is at the Tokyo Gap-Financing Market to raise its last $44,000. Described as a speculative drama, the film moves […]
Robert Downey Jr’s Son Indio Downey Books First Lead Movie Role with Personal Connection to Character
Indio Downey is set to star in a new movie! The 33-year-old musician and eldest son of Robert Downey Jr […] The post Robert Downey Jr’s Son Indio Downey Books First Lead Movie Role with Personal Connection to Character appeared first on Just Jared - Celebrity News, Entertainment News & Photos.
Punk Band Guitar Wolf Rocks Back Into Takeuchi Tetsuro’s ‘Wild Zero Overdrive’ at Tokyo Gap-Financing Market
Guitar Wolf, a real-life punk outfit with a long record of touring internationally, headlines “Wild Zero Overdrive,” director Takeuchi Tetsuro’s follow-up to his 1999 film “Wild Zero.” The project is among those at this year’s Tokyo Gap-Financing Market. Takeuchi said he is using the original as a template and updating it for the present day. […]
Young Storytellers Creates The Jamie Tarses Fund To Support Writing Programs In L.A. Public Schools
Young Storytellers, the Los Angeles nonprofit that brings mentorship and storytelling programs to public school students, has announced the creation of The Jamie Tarses Fund. It is named in memory of the television executive and producer, who was a founding member of the organization’s board and died in 2021. The fund will support Young Storytellers’ […]
“Not A Single Chuckle From Me”: These 24 Classic Sitcoms And Comedy Films Did Absolutely Nothing For These People Except Waste Their Time
You’re telling me there are people in the universe who don’t like Parks & Recreation?!?! View Entire Post ›
Joy Behar Returned To ‘The View’ After Nearly A Month-Long Absence To The Tune Of Elton John’s “The B***h Is Back”
Joy Behar returned to The View on Tuesday after a month-long absence following an accident that dislocated her shoulder. The ABC daytime talk show co-host was greeted by an effusive live audience cheering her comeback as Elton John’s “The B**h Is Back” played in the background. “You should’ve played ‘God Save the Queen ‘; that would’ve been […]
Demi Lovato Briefly Hospitalized Over Allergic Reaction
Demi Lovato is on the mend after a recent health scare. The "Body Say" singer was briefly hospitalized over an allergic reaction to a mysterious food, with Lovato sharing a photo with what...
Acrobatic Pastor’s Secret Obsession Drives Boo Junfeng’s ‘Trinity’ at Tokyo Gap-Financing Market
A celebrity preacher who performs daredevil stunts for his congregation while hiding his fixation on a young follower sits at the center of “Trinity,” the new feature from director Boo Junfeng, which is among the projects at this year’s Tokyo Gap-Financing Market. Structured in three chapters modeled on the Father, Son and Holy Spirit, the […]
YOUR NEWS, OUR NETWORK.
Do you have Great News you want to tell the world?
Be it updates about your business or your community, you can make sure that it’s heard by submitting your story to our network reaching hundreds of news sites across 6 verticals.