Selling a Business: Exit Planning & Sale Preparation
The price you're offered, and how much of it you keep, often turns on what a buyer's due diligence finds. We act for sellers from the first conversation with a broker or buyer — cleaning up records, contracts, and the lease before you go to market, negotiating the letter of intent and purchase agreement, and limiting what you're on the hook for after closing.
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How we help
Pre-sale legal clean-up
We bring your minute book, share records, contracts, and lease into shape before a buyer's due diligence finds the gaps and discounts the price.
Share sale vs. asset sale structuring
We work with your accountant on the structure — including whether a share sale can use your lifetime capital gains exemption — before it's locked into a letter of intent.
NDAs and letter of intent negotiation
We protect your confidential information before you open the books and negotiate the LOI terms — price, exclusivity, deposit — that set the deal.
Disclosure, representations and indemnity limits
We draft your disclosure and negotiate caps, thresholds, and survival periods that limit what you're on the hook for after closing.
Vendor take-backs, earn-outs and holdbacks
When part of your price is paid later, we put the security, guarantees, and earn-out definitions in place that decide whether it actually gets paid.
Closing and release of personal guarantees
We run the closing and negotiate the release of the personal guarantees you signed on leases and loans.
When you need this
- You're thinking of selling in the next one to three years and want buyers to pay full value
- A broker is ready to list your business, or a buyer has approached you
- You've received a letter of intent or an offer and want it reviewed before you sign
- You're passing the business to family, a partner, or key employees
Frequently asked questions
What does selling a business: exit planning & sale preparation involve?
The price you're offered, and how much of it you keep, often turns on what a buyer's due diligence finds. We act for sellers from the first conversation with a broker or buyer — cleaning up records, contracts, and the lease before you go to market, negotiating the letter of intent and purchase agreement, and limiting what you're on the hook for after closing.
What services does Lamba Law offer for selling a business: exit planning & sale preparation?
Pre-sale legal clean-up. Share sale vs. asset sale structuring. NDAs and letter of intent negotiation. Disclosure, representations and indemnity limits. Vendor take-backs, earn-outs and holdbacks. Closing and release of personal guarantees.
How much does selling a business: exit planning & sale preparation cost?
Lamba Law offers transparent, competitive pricing. Contact us for a free consultation to discuss your specific needs and receive a clear quote with no hidden fees.
Client reviews
“I wanted to transfer my business ownership to my son as owner of the business. I contacted some lawyers and found them too professional to work with. I then connected one through my accountant, that did not work too, as response was too professional and too much cost. I somehow found and called Lamba Law, skeptical due to historical experience and disappointments with others. To my surprise, at Lamba Law, Mr. Gagan talked to me, he was humble, respectful and professional throughout our engagement with him. Cost effective and straight forward. Guiding me through the process, timely responses, helping me to do the needful, and getting my legal paperwork completed quick and easy all due to Mr. Gagan. He is now my lawyer to connect to in all my business and family needs, rather he is our family. Thank you, Lamba Law.”
Nadeem Aziz
Buying / Selling a Business