Buying and Selling a Business

Buying or selling a business is a major decision—financially, legally, and operationally. ALG Lawyers supports business owners in Abbotsford, Surrey, and Vancouver through each stage of the transaction, ensuring every detail is reviewed and every risk is addressed.

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Why This Service Matters
Clients often come to us facing:

  • Uncertainty about what is included in the purchase
  • Questions about liabilities, assets, and intellectual property
  • Concern about hidden risks or missing documentation
  • The need for clear, reliable agreements before closing

The Transaction Process

1. Structuring the deal

We help determine whether an asset purchase or share purchase is best for your situation.

2. Letters of intent (LOI)

Outlines preliminary terms and ensures aligned expectations.

3. Due diligence

We review financial records, contracts, leases, liabilities, employee matters, tax issues, and more.

4. Drafting and negotiating agreements

Including:

  • Purchase agreements
  • Non-compete / non-solicitation terms
  • Transition agreements
  • Vendor financing arrangements

5. Closing the transaction

We prepare closing documents, oversee execution, and ensure all conditions are met.

ALG’s Approach to Business Transactions

We provide a detailed, practical, and proactive approach. Our goal is to protect your interests while keeping the transaction moving smoothly. We communicate clearly, coordinate with financial and tax advisors, and ensure that nothing slips through the cracks.

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What to Consider

Whether you’re entering or exiting a business, you need clarity and protection.

  • Tax implications (we work with accountants)

  • Existing debt, liabilities, and contracts

  • Employee obligations under the Employment Standards Act

  • Intellectual property ownership

  • Transition support from the seller

Start With Professional Guidance

Call 604-337-6254 or contact us for a free initial consultation about buying or selling a business.