Stewardship Services

Buying & Selling a Small Business

Structure your offer to outline price and terms without locking you into a bad deal and clarify the sale—inventory, equipment, goodwill, and name—before you spend money on due diligence.

Due Diligence, Lien Seaches, & Asset Purchase: Verify the business’s health so the Asset Purchase Agreement properly transfers titles, assigns leases, and addresses liabilities. Don’t inherit problems.

Handle Unique Assets: From HIPAA and healthcare regulations, hospitality and food service regulations, to commercial and residential leases, know the steps required when transitioning records and ensuring compliance whether buying or selling.

Seller Financing: Seller financing the deal? Draft and review Promissory Notes and Personal Guaranty Agreements to ensure your interests enforceable in Court.

Contract Review and Drafting

Plain language legal documents do not require a decoder. Draft and review contracts using clear and understandable terms so you know what you’re signing—and what risks you are avoiding.

Service Agreements & MSAs: Hiring a consultant or providing services? Draft Master Service Agreements and Statements of Work defining scope, payment terms, and deliverables. Prevent "scope creep" so your project stays on budget and avoid hidden costs.

Commercial Lease- Draft and Review your Commercial or Residential Lease and Payment Structures with precision and clarity so you can sign confidently knowing your Agreement is airtight.

Review the fine print in your supply chain, vendor, and supplier contracts to ensure delivery terms and liability clauses to protect your cash flow.

Partnership Agreements to get your business off the ground.

No operating agreement or By-laws? That is a liability. Draft tailored governing documents establishing voting rights, management structure, and member departure. Let us build your roadmap to success.

Comprehensive partnership agreements covering capital contributions, profit distribution, decision-making authority, and dispute resolution. Preserve your business relationships.

Resolving Partner Disputes: Draft "shotgun" clauses and buy-sell provisions that provide a clear, fair way for partners to divest. Sever ties without destroying the business.

Partnership Agreements

Compliance

Your transaction must comply with state and professional requirements to protect your business, practice, or rights.

Ensure Compliance for medical, healthcare, and dental practices. Privacy isn't just good practice—it's the law. We review Business Associate Agreements (BAAs) and operational procedures to ensure PHI are handled correctly during transactions.

We establish and maintain a contractual veil ensuring your personal assets stay protected from business liabilities.

Strategic Operations Consulting

Deal Structuring & Negotiation: Sometimes the best protection isn't a legal clause, but a better business structure. Structure the deal to maximize leverage during negotiations.

Risk Management: Review your current business practices.

When a handshake leaves you exposed convert your informal arrangement into a solid contract with protections.

Ensure you are not committing your name, time, and resources to persons, businesses, or corporate entities who are insolvent, have Federal, State, UCC, Municipal, Tax or Property Liens or Judgments.

General Practice

When your concern goes beyond a contract or a business sale, relying on an attorney experienced with a broad array of legal matters becomes imperative.

When you are faced with an unexpected or emergent legal matter such as a traffic violation, property fine or municipal ticket, a dispute with a neighbor, or any other general practice matter, we have a track record and experience you can bet on to protect you and your family.

As your go-to Law Office, we provide practical, straightforward advice for general legal matters without the big-firm overhead. We resolve issues efficiently, saving you money by keeping you out of prolonged litigation when a simple, well-drafted letter or a quick court appearance will do.

Keep your entire legal house in-order without gaps and conflicts between your corporate and personal matters. If you are a prospective client, establish contact and we will price out your matter upfront with no hidden costs or surprises. That is the Farooqi Law difference.