Buying and Selling


Companies are constantly changing, often through the purchase or sale of a business or a merger. The purchase or sale of a business is a multifaceted process with many potential risks and rewards. It is essential to have experienced legal counsel for the process who are familiar not only with the relevant state and federal laws, but with your existing business, its needs, and your goals.

At Reeder Murphy P.Cwe take pride in our close working relationships with our business clients, including those involved in buying or selling a business. Taking the time to get to know our clients well enables us to offer them comprehensive legal guidance from the initial offer through negotiations, drafting of agreements, and the closing of the sale.

Experienced Legal Guidance for the Transfer of Michigan Businesses

Transferring ownership of a business can be accomplished by transfer of one business’ assets to the other, or by transferring ownership of the business entity itself. RM’s attorneys are experienced with both asset purchase agreements and stock purchase agreements. We offer support and guidance regarding issues such as:

  • Inventory
  • Accounts Receivable and Payables
  • Condition of Assets
  • Lease of Premises
  • Valuation of Shares
  • Tax Issues
  • Liability Issues
  • Non-Compete Agreements
  • Consulting and Employment Agreements
  • Financing
  • Selection of Business Entity
  • Negotiating Terms of Compensation for the Sale
  • Employment Issues

We believe that attention to detail in negotiating the transfer of a business and drafting business transfer documents limits the potential for unpleasant surprises or litigation in the future.

Grand Rapids and West Michigan Corporate & Business Law Attorneys

Reeder Murphy P.C. is a full-service law firm with an emphasis on business and corporate law, including the sale and transfer of Michigan businesses. We believe that success develops from competence, and building strong relationships. We enjoy partnering with our business clients and helping them grow and succeed. We invite you to contact Reeder Murphy P.C. to schedule a consultation with a member of our Business & Corporate Law team.

Business & Corporate Law Team: Bryan D. Reeder, Jeffrey M. Black, Richard A. Conklin