Archive for Business Law

Advice to those Considering to Sell a Business

shutterstock_143354410If you’re considering selling your business, one of the first things you need to do is make sure that you have the proper appraisal or evaluation done in your business to make sure you’re not selling it for less than what it’s worth. We have the right experts at Murphy and Fay to help you with that process. Once the proper value is determined, then obviously we can help you through the process of actually selling the business and then closing on the business once the sale has been effectuated.

This informational blog post was provided by Mark A. Fay, an experienced Rhode Island Business Lawyer.

Advice to those Considering to Buy a Business

shutterstock_146389226When you’re buying a business, it’s important that you speak with the attorneys here in Murphy and Fay to help you through that very complicated process. We’ll take you from the very beginning from just evaluating the value of the business right through closing on the property whether it be just an Asset Purchase Agreement where you’re just purchasing the assets or if you’re gonna go and buy the building, the structure, the realty and everything. We have the people here at Murphy and Fay that can help you through that entire process.

This informational blog post was provided by Mark A. Fay, an experienced Rhode Island Business Attorney.

The Best Business Formation Option in Rhode Island

shutterstock_165901811The best business structure in Rhode Island generally is the LLC, Limited Liability Corporation. Rhode Island has some of the most favorable Limited Liability Corporations statues on the books. If you’re mom-and-pop small business guy going out in your own for the first time, usually the best way to set you up initially is an LLC. This firm handles that and we’re more than happy to talk to you about it.

This informational blog post was provided by Mark A. Fay, an experienced Rhode Island Business Lawyer.

Reviewing Business leases and contracts

business lease reviewHere at Murphy and Fay, we often review a business’s lease or contract when they first get involved or even the later years. It’s very important that if you’re entering to lease for your business that you it reviewed by one of our attorneys here at Murphy and Fay to make sure that you are protected. Again, the person providing you with the lease is trying to protect themselves, not necessarily you. We’’ make sure that you’re also protected before you sign at the bottom line.

This informational blog post was brought to you by Mark A. Fay, an experienced Rhode Island Business Lawyer.

What’s to know when thinking about starting a business?

new-business-owner-small-business-start-up-1024x818When starting out for the first time in your business, it’s very important that you surround yourself with the best people. You’re going to need a good lawyer. You’re going to need a good accountant. You may need a good tax attorney. When you come to Murphy and Fay, we can handle all of that for you. We can set you up with the best people. Obviously, we would handle the business aspect of things, but at Murphy and Fay we handle everything form the small mom-and-pop businesses to the multi-million dollar organizations. Again, probably the most important thing you can do in starting or establishing your first business is to get involved with the right people. At Murphy & Fay, we can help you do that.

This informational blog post was brought to you by Mark A. Fay, an experienced Rhode Island Business Lawyer.