Articles posted by rosten
Preparing Your Business for Sale: The Two-Year Exit Plan
Whether you are running an established business or a growing startup, the ultimate goal for many owners is a successful exit. But selling a business is rarely as simple as finding a buyer and signing a contract. To maximize your valuation and ensure the deal actually closes, you should begin the preparation process long before you receive a letter of intent (LOI). This article discusses what I will call the "2-Year Rule" for maximizing the value of your business and assuring a smooth transition. Don’t wait for the LOI to start your preparations. Assemble a team of advisors, including legal, financial, and M&A experts, to guide the process comprehensively.
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Why Asset Deals Dominate Small Business M&A—and When Stock Deals Actually Make Sense
In the purchase and sale of small and medium‑sized businesses, deal structure often matters as much as price. Buyers and sellers may reach agreement on headline valuation, only to discover that how the transaction is structured dramatically affects taxes, risk allocation, and whether the deal works at all. Most closely held businesses are sold through asset deals, not stock deals. That pattern isn’t accidental. Asset purchases give buyers cleaner risk profiles and better tax outcomes, which in turn helps support higher valuations. Understanding why asset deals dominate, why stock deals are usually discounted, and how modern hybrid structures bridge the gap is critical for business owners, buyers, and advisors navigating a transaction.
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Navigating Business Acquisitions: Key Legal Insights
Buying a business involves a complex process with distinct phases: preliminary negotiations requiring NDAs and high-level financial reviews, a strategic letter of intent (LOI) to address deal-breakers early, thorough due diligence covering legal, financial, operational, and customer aspects, finalizing purchase agreements with auxiliary documents like disclosure schedules, and post-closing management of financial adjustments and transition services. Each phase is critical to ensuring a successful transaction.
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Rosten Law Relaunched
I am very excited to announce that a decade after its founding, Rosten Law has been relaunched. I enjoy what I am doing and hope to continue for years to come. I expect that as before Rosten Law may expand. Rosten Law will remain committed to legal solutions for small and medium-sized businesses. Our core values are integrity, expertise, and client-focused service for our clients. Rosten Law is dedicated to providing its clients with exceptional legal support tailored to each client’s unique needs.
Read moreСанкции США Против России: Услуги Под Запретом
Американские санкции против России радикально изменили подход к международному консультированию. Ограничения теперь касаются не только финансов и торговли, но и профессиональных услуг — юридических, бухгалтерских и управленческих. Запрещено предоставлять помощь лицам и компаниям, находящимся в России, даже в виде устных советов. Нарушение может повлечь серьёзные административные и уголовные последствия. В статье рассматриваются ключевые…
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Sanctions Against Russia: U.S. Lawyers, Accountants and Consultants
U.S. sanctions against Russia have gone beyond traditional asset freezes and financial prohibitions. Since 2022, they reach deeply into the realm of services, including accounting, legal, and management consulting. For U.S. professionals, this means that what used to be routine international work – corporate formation, strategic consulting, tax planning, or even remote advisory sessions – may now expose a firm to serious civil and criminal penalties under U.S. law. The sanctions landscape has transformed the way American professionals engage internationally. Where once cross-border consulting and accounting were routine, they now demand legal precision, due diligence, and ethical clarity. For U.S. law, accounting, and consulting firms, caution is not optional – it is the only compliance strategy that works.
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Political Challenges for Nonprofits
The legal environment for nonprofits has undergone significant changes under the Trump administration. These changes are not overt bans or direct defunding but rather subtle tactics—referred to as "lawfare"—that weaponize compliance regulations, redefine national security parameters, and blur the line between advocacy and extremism. This article explores the evolving challenges nonprofits face, from traditional regulatory frameworks to the emerging threats of today. It also provides practical strategies for enhancing organizational resilience.
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Law Firm Formation: Choosing a Legal Entity
Many choices for lawyers who want to form their own law firm. The major options are professional limited liability companies, professional corporations, and limited liability partnerships. Each legal form may pose different tax consequences, have different governance requirements and may have different levels of protection for the individual owners. This article highlights the various forms of law firms. Each structure has its own benefits and drawbacks, but the key is to choose the one that best suits your needs and protects your assets. Whether you’re going solo, forming a partnership, or creating a more formal entity, the structure you choose will shape your practice for years to come.
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Avoiding World Bank Sanctions: A Guide for Businesses
World Bank sanctions can be a death sentence for businesses involved with the Bank or other development institutions. To protect your operations, it's crucial to take proactive steps to avoid these sanctions. This article provides a breakdown of key measures to keep your business in the clear.
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Termination of Government Contracts: Settlement Proposals for Fixed Price Contracts
When the U.S. government terminates a fixed-price contract for convenience, contractors are entitled to payment for completed work and reasonable costs. Calculating a fair settlement involves tracking hours, identifying completed deliverables, and proposing a reasonable hourly rate. This article summarizes the main issues in developing a Termination Settlement Proposal.
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