Cover Your Assets: Credit and Asset Protection During a Divorce
As a person who has been through a traumatic divorce, let me say that you will get through it, no matter how impossible it may seem during the first few days and months.
Business Transactions in New York City
Buying, selling, or restructuring a business is a major financial decision with long-term consequences. At Crane Law, we help NYC business owners move through each step with clarity and steady legal guidance.
Trusted by Families, Professionals & the Legal Community
25+ years practicing law in New York
Hundreds of families guided through estate planning
Thousands of real estate closings completed successfully
Offices serving NYC, Westchester & surrounding communities
Why Legal Guidance Matters When Buying or Selling a Business
Buying or selling a business in New York involves significant financial, legal, and tax considerations. Whether you're taking ownership for the first time or preparing to transition out, each step requires careful documentation, negotiation, and due diligence.
A business transaction can involve:
Tax obligations
Corporate liabilities
Personal guarantees
Vendor or client contract transfers
Lease assignments
Intellectual property rights
Employment and HR issues
Licensing and regulatory compliance
Even one overlooked detail can lead to disputes or losses down the road. With the right attorney, buyers and sellers can move through the process with clarity and protection at every step.
Understanding the Costs of Buying or Selling a Business
One common question we hear is:“What does an attorney cost when buying or selling a business?”
The cost depends on factors such as:
Complexity of the transaction
Whether it's an asset or stock sale
Buyer financing or SBA involvement
Number of contracts to transfer or review
Depth of due diligence required
Existing liabilities, leases, or obligations
Corporate structure and tax considerations
At Crane Law, all fees are transparent, explained upfront, and tailored to the level of support your transaction requires, whether you’re the buyer or the seller.
Your Legal Partner for Business Sales & Transactions
Business transactions require more than a contract, they require clarity about your goals and potential risks. Crane Law guides clients through a wide range of transactions, including:
Buying or selling a business
Asset purchase agreements
Coordinating with accountants, brokers, and financial advisors
Stock purchase agreements
Business valuation considerations (legal coordination)
Partnership buyouts
Business succession planning
Due diligence preparation
Every deal is handled with clear communication, strategic insight, and careful protection of your financial interests.
Why NYC Clients Trust Crane Law
Clients choose Crane Law for business transactions because we offer:
25+ years of legal experience
Strategic negotiation and clear guidance
Deep understanding of New York business structures
Fast issue resolution and clear communication
Comprehensive support from preparation to closing
A calm, steady presence during high-stakes decisions
Your transaction should feel thoughtful and protected, not rushed or uncertain.
Ready to Protect What Matters Most?
Whether you're preparing to sell a business, exploring an acquisition, or entering new business agreements, the right legal guidance ensures a secure, confident transition.
FAQs About Business Transactions in NYC
How do I sell a business in New York?
You’ll need a purchase agreement, corporate documentation, financial records, tax review, due diligence, and a legally structured closing.
Do I need an attorney to sell a business?
Yes. The financial and legal risks are high. An attorney protects you from liabilities and ensures a valid, enforceable transaction.
Do I need an attorney to buy a business?
Yes. Buyers face risks involving undisclosed liabilities, contracts, employees, debts, and compliance issues. Legal review protects your investment.
What’s the difference between an asset sale and a stock sale?
Asset sales transfer specific assets. Stock sales transfer the entire business entity. Each has tax and liability implications.
How long does it take to sell or buy a business?
Most transactions take 60–120 days, depending on due diligence, negotiations, and financing.
Can you help with small business sales?
Absolutely. We regularly help owners sell restaurants, medical practices, retail stores, service businesses, and more.
