{"id":149,"date":"2026-10-16T17:27:03","date_gmt":"2026-10-16T17:27:03","guid":{"rendered":"https:\/\/34-24-254-23.nip.io\/?page_id=149"},"modified":"2026-10-27T14:53:18","modified_gmt":"2026-10-27T14:53:18","slug":"business-acquisition-and-sale-lawyers-broward-county","status":"publish","type":"page","link":"https:\/\/kewlegal.com\/resources\/business-acquisition-and-sale-lawyers-broward-county\/","title":{"rendered":"Business Acquisition and Sale Lawyers Serving Broward County | Coral Gables &#038; Sunny Isles Beach Offices"},"content":{"rendered":"\n<div class=\"wp-block-cover alignfull is-dark\" style=\"min-height:460px;aspect-ratio:unset;\"><span aria-hidden=\"true\" class=\"wp-block-cover__background has-secondary-background-color has-background-dim-60 has-background-dim\"><\/span><img class=\"wp-block-cover__image-background wp-image-146\" alt=\"Shareholders seated around a boardroom table review succession and sale documents beneath framed company history on the walls.\" src=\"https:\/\/kewlegal.com\/resources\/wp-content\/uploads\/2026\/10\/shareholders-seated-around-a-boardroom-table-review-successi-photo.jpg\" width=\"1376\" height=\"768\" srcset=\"https:\/\/kewlegal.com\/resources\/wp-content\/uploads\/2026\/10\/shareholders-seated-around-a-boardroom-table-review-successi-photo-150x150.jpg 150w, https:\/\/kewlegal.com\/resources\/wp-content\/uploads\/2026\/10\/shareholders-seated-around-a-boardroom-table-review-successi-photo-300x167.jpg 300w, https:\/\/kewlegal.com\/resources\/wp-content\/uploads\/2026\/10\/shareholders-seated-around-a-boardroom-table-review-successi-photo-768x429.jpg 768w, https:\/\/kewlegal.com\/resources\/wp-content\/uploads\/2026\/10\/shareholders-seated-around-a-boardroom-table-review-successi-photo-1024x572.jpg 1024w, https:\/\/kewlegal.com\/resources\/wp-content\/uploads\/2026\/10\/shareholders-seated-around-a-boardroom-table-review-successi-photo.jpg 1376w\" sizes=\"(max-width: 825px) 825px, 100vw\" fetchpriority=\"high\" decoding=\"async\"\/><div class=\"wp-block-cover__inner-container has-global-padding is-layout-constrained wp-block-cover-is-layout-constrained\">\n<p class=\"chg-eyebrow has-base-color has-text-color wp-block-paragraph\">Business Acquisition &amp; Sale | Coral Gables &amp; Sunny Isles Beach<\/p><h1 class=\"wp-block-heading has-base-color has-text-color\">Buying or Selling a Business in South Florida? Get Counsel at Every Stage<\/h1><p class=\"has-base-color has-text-color wp-block-paragraph\" style=\"font-size:clamp(0.875rem, 0.875rem + ((1vw - 0.2rem) * 0.625), 1.25rem);\">KEW Legal concentrates in business law for owners and investors in Miami-Dade and Broward County, from the letter of intent through closing.<\/p><div class=\"wp-block-buttons is-layout-flex wp-block-buttons-is-layout-flex\"><div class=\"wp-block-button chg-cta chg-cta-call\"><a class=\"wp-block-button__link wp-element-button\" href=\"tel:+13059902300\">Schedule a Consultation<\/a><\/div><div class=\"wp-block-button chg-cta chg-cta-form\"><a class=\"wp-block-button__link wp-element-button\" href=\"https:\/\/kewlegal.com\/contact-us\/\">Schedule a Consultation<\/a><\/div><\/div>\n<\/div><\/div>\n\n\n<p class=\"wp-block-paragraph\" style=\"font-size:0.85rem;color:#6b7280;margin-bottom:1.5rem\">By Kristina E. Wilson \u00b7 Published October 10, 2026<\/p>\n\n<article lang=\"en\">\n\n<h2>Business Acquisition and Sale Lawyers Serving Broward County<\/h2>\n<p>KEW Legal is a Florida business law firm that handles the legal side of buying and selling companies, including deals involving Broward County businesses. The firm&#8217;s offices are in Coral Gables and Sunny Isles Beach, and it serves Broward clients from those offices. KEW Legal does not maintain an office in Broward County.<\/p>\n<p>A business sale or purchase is a set of legal documents, not a single signing. The terms set early in a deal often decide who keeps which liabilities, how the price gets paid, and what the seller can do afterward. This page explains who this work is for, what it covers, how a deal moves, and what to review before you sign.<\/p>\n\n<figure class=\"wp-block-image size-large has-custom-border\"><img decoding=\"async\" src=\"https:\/\/kewlegal.com\/resources\/wp-content\/uploads\/2026\/10\/business-attorneys-reviewing-acquisition-documents-across-a-photo.jpg\" alt=\"Professionals seated around a conference table reviewing documents together in a bright office.\" style=\"border-radius:8px;width:100%;aspect-ratio:16\/9;object-fit:cover\"\/><\/figure>\n\n<div class=\"cta-dose-mid wp-block-group has-contrast-color has-surface-background-color has-text-color has-background has-global-padding is-layout-constrained wp-container-core-group-is-layout-32197852 wp-block-group-is-layout-constrained\" style=\"background-color:var(--wp--preset--color--surface,#f2f3f5);color:var(--wp--preset--color--contrast,#22252b);border-radius:8px;padding-top:1.5rem;padding-bottom:1.5rem;padding-left:1.5rem;padding-right:1.5rem;border-left:6px solid var(--wp--preset--color--cta,currentColor);box-shadow:0 2px 10px rgba(0,0,0,0.18)\">\n<h3 class=\"wp-block-heading has-contrast-color has-text-color\">Not sure what your next step is?<\/h3><p class=\"wp-block-paragraph\">Talk it through with our team &#8212; the first consultation is free, confidential, and carries no obligation.<\/p><div class=\"wp-block-buttons is-layout-flex wp-block-buttons-is-layout-flex\"><div class=\"wp-block-button chg-cta-call\"><a class=\"wp-block-button__link wp-element-button\" href=\"tel:+13059902300\">Get a free consultation<\/a><\/div><div class=\"wp-block-button chg-cta-form\"><a class=\"wp-block-button__link wp-element-button\" href=\"https:\/\/kewlegal.com\/contact-us\/\">Get a free consultation<\/a><\/div><\/div>\n<\/div>\n<h2>Who Our Business Acquisition and Sale Work Is For<\/h2>\n<p>Our acquisition and sale work serves business owners and investors who are buying, selling, or transferring a company. We are a business law practice, not a residential or consumer practice. We represent the party that hires us, so the review is built around your side of the deal.<\/p>\n<p>This work fits you if you are:<\/p>\n<ul>\n<li>A company owner selling the whole business, a partial interest, or specific assets<\/li>\n<li>A founder planning an exit who wants the deal terms reviewed early<\/li>\n<li>A buyer or investor acquiring an existing operating business in Broward County or elsewhere in South Florida<\/li>\n<li>An owner who wants outside general counsel involved from the letter of intent through closing<\/li>\n<\/ul>\n<p>Outside general counsel means we also handle the business&#8217;s ongoing legal questions. Your deal does not have to stand alone.<\/p>\n<h2>What Our Acquisition and Sale Representation Covers<\/h2>\n<p>We cover the documents and terms that decide who owns what, who pays which liabilities, and how the price gets paid.<\/p>\n<ul>\n<li><strong>Letters of intent.<\/strong> We review which terms are binding and which are not, including exclusivity and confidentiality.<\/li>\n<li><strong>Asset or equity structure.<\/strong> An asset purchase agreement and a stock or membership interest purchase agreement move liabilities in different ways. Tax treatment can change the answer too. Under <a href=\"https:\/\/www.law.cornell.edu\/uscode\/text\/26\/338\">IRC \u00a7 338<\/a>, a qualified stock purchase can be treated as an asset acquisition for the target corporation.<\/li>\n<li><strong>Price structure.<\/strong> We review earn-outs, seller financing, escrow, and holdbacks. Under <a href=\"https:\/\/www.leg.state.fl.us\/statutes\/index.cfm?App_mode=Display_Statute&amp;URL=0200-0299\/0201\/Sections\/0201.08.html\">Fla. Stat. \u00a7 201.08<\/a>, a promissory note made or delivered in Florida is taxed at 35 cents per $100 of debt, capped at $2,450 per document. Seller notes need that cost built into the budget.<\/li>\n<li><strong>Representations and indemnification.<\/strong> These set what the seller promises about the business and how much each side can recover. Caps and survival periods decide how long those promises last.<\/li>\n<li><strong>Non-compete covenants.<\/strong> Under <a href=\"https:\/\/www.leg.state.fl.us\/statutes\/index.cfm?App_mode=Display_Statute&amp;URL=0500-0599\/0542\/Sections\/0542.335.html\">Fla. Stat. \u00a7 542.335<\/a>, a court will not enforce a restrictive covenant unless it is in a writing signed by the person against whom enforcement is sought. The party seeking enforcement must also show a legitimate business interest. An overbroad restraint must be modified, not enforced as written.<\/li>\n<li><strong>Leases, vendor contracts, and licenses.<\/strong> We review assignment and consent terms so the business keeps the locations and suppliers it relies on.<\/li>\n<\/ul>\n<h2>How a Broward County Sale or Acquisition Moves Forward<\/h2>\n<p>A sale usually moves through five stages, from first call to closing. Each stage sets terms that shape the next one.<\/p>\n<ol>\n<li><strong>Initial consultation.<\/strong> We identify the deal structure, the parties, and your timing goals.<\/li>\n<li><strong>Letter of intent.<\/strong> We review and negotiate price, exclusivity, and confidentiality terms.<\/li>\n<li><strong>Due diligence.<\/strong> We review corporate records, contracts, leases, employment files, litigation, and tax filings. We also check the target entity&#8217;s status with <a href=\"https:\/\/dos.fl.gov\/sunbiz\/\">Sunbiz<\/a>, the Florida Division of Corporations.<\/li>\n<li><strong>Definitive agreement.<\/strong> We draft or negotiate the purchase agreement and disclosure schedules.<\/li>\n<li><strong>Closing.<\/strong> We prepare the closing checklist, transfer documents, and post-closing obligations.<\/li>\n<\/ol>\n<p>Timelines depend on deal size, the scope of diligence, and third-party consents. We do not promise a closing date. Unless an exemption applies, <a href=\"https:\/\/www.law.cornell.edu\/uscode\/text\/15\/18a\">federal premerger law<\/a> bars acquiring voting securities or assets of another person until both parties file notification and a waiting period has expired. This applies when the statute&#8217;s conditions are met, such as a party being engaged in commerce and the deal exceeding dollar thresholds that are adjusted each fiscal year, so we check deal size and parties early.<\/p>\n\n<div class=\"cta-dose-mid wp-block-group has-contrast-color has-surface-background-color has-text-color has-background has-global-padding is-layout-constrained wp-container-core-group-is-layout-32197852 wp-block-group-is-layout-constrained\" style=\"background-color:var(--wp--preset--color--surface,#f2f3f5);color:var(--wp--preset--color--contrast,#22252b);border-radius:8px;padding-top:1.5rem;padding-bottom:1.5rem;padding-left:1.5rem;padding-right:1.5rem;border-left:6px solid var(--wp--preset--color--cta,currentColor);box-shadow:0 2px 10px rgba(0,0,0,0.18)\">\n<h3 class=\"wp-block-heading has-contrast-color has-text-color\">Have questions about what happened?<\/h3><p class=\"wp-block-paragraph\">Ask our team directly. The first conversation is free, confidential, and there is no obligation to continue.<\/p><div class=\"wp-block-buttons is-layout-flex wp-block-buttons-is-layout-flex\"><div class=\"wp-block-button chg-cta-call\"><a class=\"wp-block-button__link wp-element-button\" href=\"tel:+13059902300\">Talk to our team<\/a><\/div><div class=\"wp-block-button chg-cta-form\"><a class=\"wp-block-button__link wp-element-button\" href=\"https:\/\/kewlegal.com\/contact-us\/\">Talk to our team<\/a><\/div><\/div>\n<\/div>\n<h2>Risks We Review Before You Sign<\/h2>\n<p>Serious deal risks often sit in records and contracts, not in the headline price. These are the points we check first in Florida deals.<\/p>\n<ul>\n<li><strong>Successor tax liability.<\/strong> Under <a href=\"https:\/\/www.leg.state.fl.us\/statutes\/index.cfm?App_mode=Display_Statute&amp;URL=0200-0299\/0213\/Sections\/0213.758.html\">Fla. Stat. \u00a7 213.758<\/a>, a buyer of more than 50 percent of a business, its assets, or its stock of goods can be liable for the seller&#8217;s unpaid tax from running that business. The buyer is protected when the seller provides a receipt or certificate of compliance from the Florida Department of Revenue.<\/li>\n<li><strong>Divisions are not treated as separate businesses.<\/strong> Under <a href=\"https:\/\/www.leg.state.fl.us\/statutes\/index.cfm?App_mode=Display_Statute&amp;URL=0200-0299\/0213\/Sections\/0213.758.html\">Fla. Stat. \u00a7 213.758<\/a>, a discrete division or portion of a business that is not a separate legal entity is not a separate business and must be aggregated with the other parts of that business.<\/li>\n<li><strong>Seller-side challenges.<\/strong> In some circumstances, a seller&#8217;s creditors may try to challenge a sale of business assets as a fraudulent transfer. This is one reason buyers review the seller&#8217;s debts and pending claims before closing. Sellers facing claims should review timing before they sign.<\/li>\n<li><strong>LLC interests.<\/strong> Under <a href=\"https:\/\/www.leg.state.fl.us\/statutes\/index.cfm?App_mode=Display_Statute&amp;URL=0600-0699\/0605\/Sections\/0605.0304.html\">Fla. Stat. \u00a7 605.0304<\/a>, an LLC&#8217;s debts belong to the company alone. A member or manager is not personally liable just for holding that role. Buyers still review the company&#8217;s own contracts and claims.<\/li>\n<li><strong>Trademarks.<\/strong> Under <a href=\"https:\/\/www.law.cornell.edu\/uscode\/text\/15\/1060\">federal trademark law<\/a>, assignments must be made by instruments in writing that are duly executed. It should be recorded with the USPTO within 3 months after the assignment date, or before a later buyer purchases.<\/li>\n<li><strong>Change-of-control clauses.<\/strong> Leases, vendor agreements, and financing documents may end or change when ownership changes.<\/li>\n<\/ul>\n<h2>Why Work With KEW Legal on a Broward County Deal<\/h2>\n<p>KEW Legal works as outside general counsel, so the sale is reviewed alongside the business&#8217;s contracts, leases, and employment matters. Our practice focuses on business law for owners and investors, including acquisitions, sales, contracts, commercial leases, employment, and succession.<\/p>\n<ul>\n<li><strong>Offices:<\/strong> KEW Legal&#8217;s offices are in Coral Gables and Sunny Isles Beach, Florida. We serve Broward County clients from those offices. We do not maintain an office in Broward County.<\/li>\n<li><strong>Responsible firm:<\/strong> KEW Legal, with offices in Coral Gables and Sunny Isles Beach, Florida.<\/li>\n<li><strong>Referrals:<\/strong> If a matter may be referred to another lawyer or firm, we will say so before any engagement.<\/li>\n<li><strong>Fees:<\/strong> Fees and costs, including any filing or third-party charges, are disclosed in writing before you engage us.<\/li>\n<\/ul>\n<h2>Frequently Asked Questions About Buying or Selling a Business in Broward County<\/h2><details class=\"wp-block-details chg-faq is-layout-flow wp-block-details-is-layout-flow\"><summary>Do I need a lawyer if a letter of intent is already drafted?<\/summary><p class=\"wp-block-paragraph\">Yes. Many key terms are set at the letter stage, so review before signing matters.<\/p><\/details><details class=\"wp-block-details chg-faq is-layout-flow wp-block-details-is-layout-flow\"><summary>Is an asset sale or a stock sale better?<\/summary><p class=\"wp-block-paragraph\">It depends on liabilities, contracts, tax treatment, and your goals.<\/p><\/details><details class=\"wp-block-details chg-faq is-layout-flow wp-block-details-is-layout-flow\"><summary>What should I gather before the first call?<\/summary><p class=\"wp-block-paragraph\">Gather financial statements, tax returns, leases, key contracts, employee records, and any litigation history.<\/p><\/details><details class=\"wp-block-details chg-faq is-layout-flow wp-block-details-is-layout-flow\"><summary>Can terms change after a letter of intent is signed?<\/summary><p class=\"wp-block-paragraph\">Many terms stay negotiable until the definitive agreement is signed. Binding terms in the letter can limit changes.<\/p><\/details><details class=\"wp-block-details chg-faq is-layout-flow wp-block-details-is-layout-flow\"><summary>Can you promise a closing date or purchase price?<\/summary><p class=\"wp-block-paragraph\">No. Results depend on the facts and on the other parties, so we cannot promise a date or price.<\/p><\/details>\n<figure class=\"wp-block-image size-large has-custom-border\"><img decoding=\"async\" src=\"https:\/\/kewlegal.com\/resources\/wp-content\/uploads\/2026\/10\/a-group-of-professionals-reviews-documents-together-around-a-photo.jpg\" alt=\"A group of professionals reviews documents together around a table in an office.\" style=\"border-radius:8px;width:100%;aspect-ratio:16\/9;object-fit:cover\"\/><\/figure>\n\n<div class=\"cta-dose-mid wp-block-group has-contrast-color has-surface-background-color has-text-color has-background has-global-padding is-layout-constrained wp-container-core-group-is-layout-32197852 wp-block-group-is-layout-constrained\" style=\"background-color:var(--wp--preset--color--surface,#f2f3f5);color:var(--wp--preset--color--contrast,#22252b);border-radius:8px;padding-top:1.5rem;padding-bottom:1.5rem;padding-left:1.5rem;padding-right:1.5rem;border-left:6px solid var(--wp--preset--color--cta,currentColor);box-shadow:0 2px 10px rgba(0,0,0,0.18)\">\n<h3 class=\"wp-block-heading has-contrast-color has-text-color\">Want to know where you stand?<\/h3><p class=\"wp-block-paragraph\">Tell us what happened and our team will walk you through the options available to you, at no cost.<\/p><div class=\"wp-block-buttons is-layout-flex wp-block-buttons-is-layout-flex\"><div class=\"wp-block-button chg-cta-call\"><a class=\"wp-block-button__link wp-element-button\" href=\"tel:+13059902300\">Get a free review<\/a><\/div><div class=\"wp-block-button chg-cta-form\"><a class=\"wp-block-button__link wp-element-button\" href=\"https:\/\/kewlegal.com\/contact-us\/\">Get a free review<\/a><\/div><\/div>\n<\/div>\n<h2>Talk With KEW Legal About Your Pending Sale or Acquisition<\/h2>\n<p>If a letter of intent is on the table for your Broward County company, the terms you review now can shape the deal. Call 305-990-2300 or <a href=\"https:\/\/kewlegal.com\/contact-us\/\">send us a message<\/a> to schedule a consultation about your transaction. Our offices are in Coral Gables and Sunny Isles Beach.<\/p>\n\n<\/article>\n<footer class=\"disclaimer\"><em>The engagement of a lawyer is an important decision that should not be based solely upon advertisements. The information on this website is general information about KEW Legal and the services we offer; it does not constitute legal advice and is intended for informational purposes only. Accessing this website or contacting our firm does not establish an attorney-client relationship.<\/em><\/footer>\n\n\n<div class=\"wp-block-group alignwide has-global-padding is-layout-constrained wp-container-core-group-is-layout-583d630a wp-block-group-is-layout-constrained\" style=\"padding-top:3rem;padding-bottom:3rem;padding-left:1.5rem;padding-right:1.5rem\">\n<h2 class=\"wp-block-heading has-text-align-center\">How KEW Legal Supports Buyers and Sellers<\/h2>\n<div class=\"wp-block-columns is-layout-flex wp-container-core-columns-is-layout-f56f613f wp-block-columns-is-layout-flex\"><div class=\"wp-block-column is-layout-flow wp-block-column-is-layout-flow\"><p class=\"wp-block-paragraph\"><span class=\"chg-icon chg-icon--document\"><\/span><\/p><h3 class=\"wp-block-heading\">Letter of Intent Review<\/h3><p class=\"wp-block-paragraph\">Many key terms are set at the letter stage, so we review them before you sign.<\/p><\/div><div class=\"wp-block-column is-layout-flow wp-block-column-is-layout-flow\"><p class=\"wp-block-paragraph\"><span class=\"chg-icon chg-icon--shield\"><\/span><\/p><h3 class=\"wp-block-heading\">Liability and Contract Review<\/h3><p class=\"wp-block-paragraph\">We look at liabilities, contracts, leases, and employee matters that may transfer with the business.<\/p><\/div><div class=\"wp-block-column is-layout-flow wp-block-column-is-layout-flow\"><p class=\"wp-block-paragraph\"><span class=\"chg-icon chg-icon--lightbulb\"><\/span><\/p><h3 class=\"wp-block-heading\">Deal Structure Analysis<\/h3><p class=\"wp-block-paragraph\">We compare asset and stock sale structures against your liabilities, tax treatment, and goals.<\/p><\/div><\/div>\n\n\n<div class=\"wp-block-columns is-layout-flex wp-container-core-columns-is-layout-f56f613f wp-block-columns-is-layout-flex\"><div class=\"wp-block-column is-layout-flow wp-block-column-is-layout-flow\"><p class=\"wp-block-paragraph\"><span class=\"chg-icon chg-icon--users\"><\/span><\/p><h3 class=\"wp-block-heading\">Outside General Counsel<\/h3><p class=\"wp-block-paragraph\">Owners who want ongoing business counsel before and after a transaction can engage us as outside general counsel.<\/p><\/div><div class=\"wp-block-column is-layout-flow wp-block-column-is-layout-flow\"><p class=\"wp-block-paragraph\"><span class=\"chg-icon chg-icon--location\"><\/span><\/p><h3 class=\"wp-block-heading\">Offices in Coral Gables and Sunny Isles Beach<\/h3><p class=\"wp-block-paragraph\">We serve clients across Miami-Dade and Broward County, including Fort Lauderdale, from our two South Florida offices.<\/p><\/div><\/div>\n\n<\/div>\n\n\n\n<div class=\"wp-block-group has-base-color has-accent-background-color has-text-color has-background has-global-padding is-layout-constrained wp-container-core-group-is-layout-32197852 wp-block-group-is-layout-constrained\" style=\"background-color:var(--wp--preset--color--accent,#20242e);color:var(--wp--preset--color--base,#ffffff);border-radius:8px;padding-top:1.5rem;padding-bottom:1.5rem;padding-left:1.5rem;padding-right:1.5rem;border-left:6px solid var(--wp--preset--color--cta,currentColor);box-shadow:0 2px 10px rgba(0,0,0,0.18)\">\n<h3 class=\"wp-block-heading has-base-color has-text-color\">Review the Letter of Intent Before You Sign<\/h3><p class=\"wp-block-paragraph\">A letter of intent often addresses price, deal structure, and exclusivity before a purchase agreement is drafted. Have a business attorney review it before you sign.<\/p><div class=\"wp-block-buttons is-layout-flex wp-block-buttons-is-layout-flex\"><div class=\"wp-block-button chg-cta-call\"><a class=\"wp-block-button__link wp-element-button\" href=\"tel:+13059902300\">Schedule a Consultation<\/a><\/div><div class=\"wp-block-button chg-cta-form\"><a class=\"wp-block-button__link wp-element-button\" href=\"https:\/\/kewlegal.com\/contact-us\/\">Schedule a Consultation<\/a><\/div><\/div>\n<\/div>\n\n\n\n<div class=\"wp-block-group alignfull has-surface-background-color has-background has-global-padding is-layout-constrained wp-container-core-group-is-layout-583d630a wp-block-group-is-layout-constrained\" style=\"padding-top:3rem;padding-bottom:3rem;padding-left:1.5rem;padding-right:1.5rem\">\n<h2 class=\"wp-block-heading has-text-align-center\">Common Questions in a Business Sale<\/h2>\n<div class=\"wp-block-columns is-layout-flex wp-container-core-columns-is-layout-f56f613f wp-block-columns-is-layout-flex\"><div class=\"wp-block-column is-layout-flow wp-block-column-is-layout-flow\"><div class=\"wp-block-group has-base-background-color has-background is-layout-flow wp-block-group-is-layout-flow\" style=\"border-radius:8px;box-shadow:0 4px 14px rgba(0,0,0,0.08);padding-top:1.5rem;padding-bottom:1.5rem;padding-left:1.5rem;padding-right:1.5rem\"><h3 class=\"wp-block-heading\">Do I need a lawyer if a letter of intent is already drafted?<\/h3><p class=\"wp-block-paragraph\">Yes. Many key terms are set at the letter stage, so reviewing the document before signing matters.<\/p><\/div><\/div><div class=\"wp-block-column is-layout-flow wp-block-column-is-layout-flow\"><div class=\"wp-block-group has-base-background-color has-background is-layout-flow wp-block-group-is-layout-flow\" style=\"border-radius:8px;box-shadow:0 4px 14px rgba(0,0,0,0.08);padding-top:1.5rem;padding-bottom:1.5rem;padding-left:1.5rem;padding-right:1.5rem\"><h3 class=\"wp-block-heading\">Is an asset sale or a stock sale better?<\/h3><p class=\"wp-block-paragraph\">It depends on liabilities, contracts, tax treatment, and your goals. We review those factors with you before a structure is chosen.<\/p><\/div><\/div><div class=\"wp-block-column is-layout-flow wp-block-column-is-layout-flow\"><div class=\"wp-block-group has-base-background-color has-background is-layout-flow wp-block-group-is-layout-flow\" style=\"border-radius:8px;box-shadow:0 4px 14px rgba(0,0,0,0.08);padding-top:1.5rem;padding-bottom:1.5rem;padding-left:1.5rem;padding-right:1.5rem\"><h3 class=\"wp-block-heading\">What should I gather before the first call?<\/h3><p class=\"wp-block-paragraph\">Bring your letter of intent or term sheet, financial statements, key contracts and leases, and ownership documents, if you have them.<\/p><\/div><\/div><\/div>\n\n<\/div>\n\n\n\n<div class=\"wp-block-group alignfull has-base-color has-primary-background-color has-text-color has-background has-global-padding is-layout-constrained wp-container-core-group-is-layout-4d466591 wp-block-group-is-layout-constrained\" style=\"background-color:var(--wp--preset--color--primary,#20242e);color:var(--wp--preset--color--base,#ffffff);padding-top:3rem;padding-bottom:3rem;padding-left:1.5rem;padding-right:1.5rem\">\n<h2 class=\"wp-block-heading has-text-align-center has-base-color has-text-color\">Planning to Buy or Sell a Business in Miami-Dade or Broward County?<\/h2>\n<div class=\"wp-block-buttons is-content-justification-center is-layout-flex wp-container-core-buttons-is-layout-0aa01211 wp-block-buttons-is-layout-flex\"><div class=\"wp-block-button chg-cta chg-cta-call\"><a class=\"wp-block-button__link wp-element-button\" href=\"tel:+13059902300\">Schedule a Consultation or Call 305-990-2300<\/a><\/div><div class=\"wp-block-button chg-cta chg-cta-form\"><a class=\"wp-block-button__link wp-element-button\" href=\"https:\/\/kewlegal.com\/contact-us\/\">Schedule a Consultation or Call 305-990-2300<\/a><\/div><\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>KEW Legal, with offices in Coral Gables and Sunny Isles Beach, represents buyers and sellers in Broward County on letters of intent, asset and stock structures, and diligence.<\/p>\n","protected":false},"author":2,"featured_media":0,"parent":0,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"","meta":{"chg_review":"{\"v\": 1, \"checked_at\": \"2026-10-10T17:07:56+00:00\", \"checked\": true, \"jurisdiction\": \"Florida\", \"claims\": [{\"url\": \"https:\/\/www.law.cornell.edu\/uscode\/text\/26\/338\", \"cite\": \"IRC \u00a7 338\", \"heading\": \"Certain stock purchases treated as asset acquisitions\", \"support\": \"if a purchasing corporation makes an election under this section (or is treated under subsection (e) as having made such an election), then, in the case of any qualified stock purchase, the target corporation\u2014\", \"verdict\": \"supported\", \"law_text\": \"(a) General ruleFor purposes of this subtitle, if a purchasing corporation makes an election under this section (or is treated under subsection (e) as having made such an election), then, in the case of any qualified stock purchase, the target corporation\u2014 (1) shall be treated as having sold all of its assets at the close of the acquisition date at fair market value in a single transaction, and (2) shall be treated as a new corporation which purchased all of the assets referred to in paragraph (1) as of the beginning of the day after the acquisi \u2026\", \"sentence\": \"Under IRC \u00a7 338, a qualified stock purchase can be treated as an asset acquisition for the target corporation.\"}, {\"url\": \"https:\/\/www.leg.state.fl.us\/statutes\/index.cfm?App_mode=Display_Statute&URL=0200-0299\/0201\/Sections\/0201.08.html\", \"cite\": \"Fla. Stat. \u00a7 201.08\", \"heading\": \"Tax on promissory or nonnegotiable notes, written obligations to pay money, or assignments of wages or other compensation; exception.\", \"support\": \"the tax shall be 35 cents on each $100 or fraction thereof of the indebtedness or obligation evidenced thereby. The tax on any document described in this paragraph may not exceed $2,450.\", \"verdict\": \"supported\", \"law_text\": \"(1)(a) On promissory notes, nonnegotiable notes, written obligations to pay money, or assignments of salaries, wages, or other compensation made, executed, delivered, sold, transferred, or assigned in the state, and for each renewal of the same, the tax shall be 35 cents on each $100 or fraction thereof of the indebtedness or obligation evidenced thereby. The tax on any document described in this paragraph may not exceed $2,450. (b) On mortgages, trust deeds, security agreements, or other evidences of indebtedness filed or recorded in this state, and for each renewal of the same, the tax shall be 35 cents on each $100 or fraction thereof of the indebtedness or obligation evidenced thereby. \u2026\", \"sentence\": \"Under Fla. Stat. \u00a7 201.08, a promissory note made or delivered in Florida is taxed at 35 cents per $100 of debt, capped at $2,450 per document.\"}, {\"url\": \"https:\/\/www.leg.state.fl.us\/statutes\/index.cfm?App_mode=Display_Statute&URL=0500-0599\/0542\/Sections\/0542.335.html\", \"cite\": \"Fla. Stat. \u00a7 542.335\", \"heading\": \"Valid restraints of trade or commerce.\", \"support\": \"A court shall not enforce a restrictive covenant unless it is set forth in a writing signed by the person against whom enforcement is sought.\", \"verdict\": \"supported\", \"law_text\": \"\u2026 542.18 and subsection (2), enforcement of contracts that restrict or prohibit competition during or after the term of restrictive covenants, so long as such contracts are reasonable in time, area, and line of business, is not prohibited. In any action concerning enforcement of a restrictive covenant: (a) A court shall not enforce a restrictive covenant unless it is set forth in a writing signed by the person against whom enforcement is sought. (b) The person seeking enforcement of a restrictive covenant shall plead and prove the existence of one or more legitimate business interests justifying the restrictive covenant. The term \u201clegitimate business interest\u201d includes, but is not limited to: 1. Trade secrets, as defined in s. 688.002(4). 2. \u2026\", \"sentence\": \"**Non-compete covenants.** Under Fla. Stat. \u00a7 542.335, a court will not enforce a restrictive covenant unless it is in a writing signed by the person against whom enforcement is sought.\"}, {\"url\": \"https:\/\/www.leg.state.fl.us\/statutes\/index.cfm?App_mode=Display_Statute&URL=0500-0599\/0542\/Sections\/0542.335.html\", \"cite\": \"Fla. Stat. \u00a7 542.335\", \"heading\": \"Valid restraints of trade or commerce.\", \"support\": \"The person seeking enforcement of a restrictive covenant shall plead and prove the existence of one or more legitimate business interests justifying the restrictive covenant.\", \"verdict\": \"supported\", \"law_text\": \"\u2026 In any action concerning enforcement of a restrictive covenant: (a) A court shall not enforce a restrictive covenant unless it is set forth in a writing signed by the person against whom enforcement is sought. (b) The person seeking enforcement of a restrictive covenant shall plead and prove the existence of one or more legitimate business interests justifying the restrictive covenant. The term \u201clegitimate business interest\u201d includes, but is not limited to: 1. Trade secrets, as defined in s. 688.002(4). 2. Valuable confidential business or professional information that otherwise does not qualify as trade secrets. 3. \u2026\", \"sentence\": \"The party seeking enforcement must also show a legitimate business interest.\"}, {\"url\": \"https:\/\/www.leg.state.fl.us\/statutes\/index.cfm?App_mode=Display_Statute&URL=0500-0599\/0542\/Sections\/0542.335.html\", \"cite\": \"Fla. Stat. \u00a7 542.335\", \"heading\": \"Valid restraints of trade or commerce.\", \"support\": \"If a contractually specified restraint is overbroad, overlong, or otherwise not reasonably necessary to protect the legitimate business interest or interests, a court shall modify the restraint and grant only the relief reasonably necessary to protect such interest or interests.\", \"verdict\": \"supported\", \"law_text\": \"\u2026 If a contractually specified restraint is overbroad, overlong, or otherwise not reasonably necessary to protect the legitimate business interest or interests, a court shall modify the restraint and grant only the relief reasonably necessary to protect such interest or interests. (d) In determining the reasonableness in time of a postterm restrictive covenant not predicated upon the protection of trade secrets, a court shall apply the following rebuttable presumptions: 1. \u2026\", \"sentence\": \"An overbroad restraint must be modified, not enforced as written.\"}, {\"url\": \"https:\/\/www.leg.state.fl.us\/statutes\/index.cfm?App_mode=Display_Statute&URL=0200-0299\/0213\/Sections\/0213.758.html\", \"cite\": \"Fla. Stat. \u00a7 213.758\", \"heading\": \"Transfer of tax liabilities.\", \"support\": \"A transferee, or a group of transferees acting in concert, of more than 50 percent of a business, assets of a business, or stock of goods of a business is liable for any unpaid tax owed by the transferor arising from the operation of that business\", \"verdict\": \"supported\", \"law_text\": \"\u2026 (3) A taxpayer who is liable for taxes with respect to a business who transfers the taxpayer\u2019s business, assets of the business, or stock of goods of the business must file a final return and make full payment within 15 days after the date of transfer. (4)(a) A transferee, or a group of transferees acting in concert, of more than 50 percent of a business, assets of a business, or stock of goods of a business is liable for any unpaid tax owed by the transferor arising from the operation of that business unless: 1.a. \u2026\", \"sentence\": \"**Successor tax liability.** Under Fla. Stat. \u00a7 213.758, a buyer of more than 50 percent of a business, its assets, or its stock of goods can be liable for the seller's unpaid tax from running that business.\"}, {\"url\": \"https:\/\/www.leg.state.fl.us\/statutes\/index.cfm?App_mode=Display_Statute&URL=0200-0299\/0213\/Sections\/0213.758.html\", \"cite\": \"Fla. Stat. \u00a7 213.758\", \"heading\": \"Transfer of tax liabilities.\", \"support\": \"The transferor provides a receipt or certificate of compliance from the department to the transferee showing that the transferor has not received a notice of audit and the transferor has filed all required tax returns and has paid all tax arising from the operation of the business identified on the returns filed; and\", \"verdict\": \"supported\", \"law_text\": \"\u2026 1.a. The transferor provides a receipt or certificate of compliance from the department to the transferee showing that the transferor has not received a notice of audit and the transferor has filed all required tax returns and has paid all tax arising from the operation of the business identified on the returns filed; and b. There were no insiders in common between the transferor and the transferee at the time of the transfer; or 2. \u2026\", \"sentence\": \"The buyer is protected when the seller provides a receipt or certificate of compliance from the Florida Department of Revenue.\"}, {\"url\": \"https:\/\/www.leg.state.fl.us\/statutes\/index.cfm?App_mode=Display_Statute&URL=0700-0799\/0726\/Sections\/0726.105.html\", \"cite\": \"Fla. Stat. \u00a7 726.105\", \"heading\": \"Transfers fraudulent as to present and future creditors.\", \"support\": \"A transfer made or obligation incurred by a debtor is fraudulent as to a creditor\", \"verdict\": \"supported\", \"law_text\": \"(1) A transfer made or obligation incurred by a debtor is fraudulent as to a creditor, whether the creditor\u2019s claim arose before or after the transfer was made or the obligation was incurred, if the debtor made the transfer or incurred the obligation: (a) With actual intent to hinder, delay, or defraud any creditor of the debtor; \u2026\", \"sentence\": \"**Seller-side challenges.** In some circumstances, a seller's creditors may try to challenge a sale of business assets as a fraudulent transfer.\"}, {\"url\": \"https:\/\/www.leg.state.fl.us\/statutes\/index.cfm?App_mode=Display_Statute&URL=0600-0699\/0605\/Sections\/0605.0304.html\", \"cite\": \"Fla. Stat. \u00a7 605.0304\", \"heading\": \"Liability of members and managers.\", \"support\": \"A debt, obligation, or other liability of a limited liability company is solely the debt, obligation, or other liability of the company.\", \"verdict\": \"supported\", \"law_text\": \"(1) A debt, obligation, or other liability of a limited liability company is solely the debt, obligation, or other liability of the company. A member or manager is not personally liable, directly or indirectly, by way of contribution or otherwise, for a debt, obligation, or other liability of the company solely by reason of being or acting as a member or manager. This subsection applies regardless of the dissolution of the company. \u2026\", \"sentence\": \"**LLC interests.** Under Fla. Stat. \u00a7 605.0304, an LLC's debts belong to the company alone.\"}, {\"url\": \"https:\/\/www.leg.state.fl.us\/statutes\/index.cfm?App_mode=Display_Statute&URL=0600-0699\/0605\/Sections\/0605.0304.html\", \"cite\": \"Fla. Stat. \u00a7 605.0304\", \"heading\": \"Liability of members and managers.\", \"support\": \"A member or manager is not personally liable, directly or indirectly, by way of contribution or otherwise, for a debt, obligation, or other liability of the company solely by reason of being or acting as a member or manager.\", \"verdict\": \"supported\", \"law_text\": \"\u2026 A member or manager is not personally liable, directly or indirectly, by way of contribution or otherwise, for a debt, obligation, or other liability of the company solely by reason of being or acting as a member or manager. This subsection applies regardless of the dissolution of the company. \u2026\", \"sentence\": \"A member or manager is not personally liable just for holding that role.\"}, {\"url\": \"https:\/\/www.law.cornell.edu\/uscode\/text\/15\/1060\", \"cite\": \"15 U.S.C. \u00a7 1060\", \"heading\": \"Assignment\", \"support\": \"unless the prescribed information reporting the assignment is recorded in the United States Patent and Trademark Office within 3 months after the date of the assignment or prior to the subsequent purchase.\", \"verdict\": \"supported\", \"law_text\": \"\u2026 (4) An assignment shall be void against any subsequent purchaser for valuable consideration without notice, unless the prescribed information reporting the assignment is recorded in the United States Patent and Trademark Office within 3 months after the date of the assignment or prior to the subsequent purchase. (5) The United States Patent and Trademark Office shall maintain a record of information on assignments, in such form as may be prescribed by the Director. \u2026\", \"sentence\": \"It should be recorded with the USPTO within 3 months after the assignment date, or before a later buyer purchases.\"}, {\"url\": \"https:\/\/www.law.cornell.edu\/uscode\/text\/15\/18a\", \"cite\": \"15 U.S.C. \u00a7 18a\", \"heading\": \"Premerger notification and waiting period\", \"support\": \"Except as exempted pursuant to subsection (c), no person shall acquire, directly or indirectly, any voting securities or assets of any other person, unless both persons (or in the case of a tender offer, the acquiring person) file notification pursuant to rules under subsection (d)(1) and the waiting period described in subsection (b)(1) has expired\", \"verdict\": \"supported\", \"law_text\": \"(a) FilingExcept as exempted pursuant to subsection (c), no person shall acquire, directly or indirectly, any voting securities or assets of any other person, unless both persons (or in the case of a tender offer, the acquiring person) file notification pursuant to rules under subsection (d)(1) and the waiting period described in subsection (b)(1) has expired, if\u2014 (1) the acquiring person, or the person whose voting securities or assets are being acquired, is engaged in commerce or in any activity affecting commerce; \u2026\", \"sentence\": \"Unless an exemption applies, federal premerger law bars acquiring voting securities or assets of another person until both parties file notification and a waiting period has expired.\"}, {\"url\": \"https:\/\/www.law.cornell.edu\/uscode\/text\/15\/18a\", \"cite\": \"15 U.S.C. \u00a7 18a\", \"heading\": \"Premerger notification and waiting period\", \"support\": \"in excess of $200,000,000 (as adjusted and published for each fiscal year beginning after September 30, 2004\", \"verdict\": \"supported\", \"law_text\": \"\u2026 (1) the acquiring person, or the person whose voting securities or assets are being acquired, is engaged in commerce or in any activity affecting commerce; and \u2026 (A) in excess of $200,000,000 (as adjusted and published for each fiscal year beginning after September 30, 2004, in the same manner as provided in section 19(a)(5) of this title to reflect the percentage change in the gross national product for such fiscal year compared to the gross national product for the year ending September 30, 2003); \u2026\", \"sentence\": \"This applies when the statute's conditions are met, such as a party being engaged in commerce and the deal exceeding dollar thresholds that are adjusted each fiscal year, so we check deal size and parties early.\"}, {\"url\": \"https:\/\/www.leg.state.fl.us\/statutes\/index.cfm?App_mode=Display_Statute&URL=0200-0299\/0213\/Sections\/0213.758.html\", \"cite\": \"Fla. Stat. \u00a7 213.758\", \"heading\": \"Transfer of tax liabilities.\", \"support\": \"A discrete division or portion of a business is not a separate business and must be aggregated with all other divisions or portions that constitute a business if the division or portion is not a separate legal entity.\", \"verdict\": \"supported\", \"law_text\": \"\u2026 The term does not include occasional or isolated sales or transactions involving property or services by a person who does not hold himself or herself out as engaged in business. A discrete division or portion of a business is not a separate business and must be aggregated with all other divisions or portions that constitute a business if the division or portion is not a separate legal entity. (b) \u201cFinancial institution\u201d means a financial institution as defined in s. 655.005 and any person who controls, is controlled by, or is under common control with a financial institution as defined in s. 655.005. (c) \u201cInsider\u201d means: 1. \u2026\", \"sentence\": \"**Divisions are not treated as separate businesses.** Under Fla. Stat. \u00a7 213.758, a discrete division or portion of a business that is not a separate legal entity is not a separate business and must be aggregated with the other parts of that business.\"}, {\"url\": \"https:\/\/www.law.cornell.edu\/uscode\/text\/15\/1060\", \"cite\": \"15 U.S.C. \u00a7 1060\", \"heading\": \"Assignment\", \"support\": \"Assignments shall be by instruments in writing duly executed.\", \"verdict\": \"supported\", \"law_text\": \"\u2026 (2) In any assignment authorized by this section, it shall not be necessary to include the good will of the business connected with the use of and symbolized by any other mark used in the business or by the name or style under which the business is conducted. (3) Assignments shall be by instruments in writing duly executed. Acknowledgment shall be prima facie evidence of the execution of an assignment, and when the prescribed information reporting the assignment is recorded in the United States Patent and Trademark Office, the record shall be prima facie evidence of execution. \u2026\", \"sentence\": \"**Trademarks.** Under federal trademark law, assignments must be made by instruments in writing that are duly executed.\"}], \"languages\": [{\"code\": \"en\", \"post_id\": 149}, {\"code\": \"es\", \"post_id\": 150}]}","chg_sendback":"","chg_canonical":"","chg_lang":"","chg_hreflang":"[{\"hreflang\": \"en\", \"href\": \"https:\/\/kewlegal.com\/resources\/business-acquisition-and-sale-lawyers-broward-county\/\"}, {\"hreflang\": \"es\", \"href\": \"https:\/\/kewlegal.com\/resources\/es\/abogados-compraventa-empresas-condado-broward\/\"}, {\"hreflang\": \"x-default\", \"href\": \"https:\/\/kewlegal.com\/resources\/business-acquisition-and-sale-lawyers-broward-county\/\"}]","chg_jsonld":"[{\"name\": \"Business Acquisition and Sale Legal Services\", \"@type\": [\"Service\", \"FAQPage\"], \"about\": [\"Letters of intent\", \"Asset purchase agreements\", \"Stock or membership interest purchase agreements\", \"Business due diligence\", \"Earn-outs, seller financing, and escrow\"], \"@context\": \"https:\/\/schema.org\", \"audience\": {\"@type\": \"BusinessAudience\", \"audienceType\": \"Business owners selling a company, buyers, investors, and business operators evaluating a business purchase\"}, \"provider\": {\"@type\": \"Organization\", \"@id\": \"https:\/\/kewlegal.com\/resources\/#organization\", \"name\": \"KEW Legal\", \"url\": \"https:\/\/kewlegal.com\/\"}, \"speakable\": {\"@type\": \"SpeakableSpecification\", \"cssSelector\": [\"article > p:first-of-type\", \".wp-block-details p\", \"article > h1\"]}, \"areaServed\": {\"name\": \"Broward County, Florida\", \"@type\": \"AdministrativeArea\"}, \"description\": \"Legal services for business owners selling all or part of a company and for buyers and investors acquiring an existing operating business. 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Wilson\", \"url\": \"https:\/\/kewlegal.com\/our-team\/kristina-e-wilson\/\", \"jobTitle\": \"Founder\", \"sameAs\": [\"https:\/\/www.floridabar.org\/directories\/find-mbr\/profile\/?num=71205\", \"https:\/\/www.linkedin.com\/in\/kristina-wilson-702b5410\/\", \"https:\/\/www.avvo.com\/attorneys\/33160-fl-kristina-wilson-3417246.html\"]}, \"publisher\": {\"@type\": \"Organization\", \"@id\": \"https:\/\/kewlegal.com\/resources\/#organization\", \"name\": \"KEW Legal\", \"url\": \"https:\/\/kewlegal.com\/\"}, \"reviewedBy\": {\"@type\": \"Person\", \"name\": \"Natalie Martinez\", \"jobTitle\": \"Associate Attorney\", \"sameAs\": [\"https:\/\/www.floridabar.org\/directories\/find-mbr\/profile\/?num=1003311\"]}, \"inLanguage\": \"en\", \"mainEntity\": [{\"@type\": \"Question\", \"name\": \"Do I need a lawyer if a letter of intent is already drafted?\", \"acceptedAnswer\": {\"@type\": \"Answer\", \"text\": \"Yes. Many key terms are set at the letter stage, so review before signing matters.\"}}, {\"@type\": \"Question\", \"name\": \"Is an asset sale or a stock sale better?\", \"acceptedAnswer\": {\"@type\": \"Answer\", \"text\": \"It depends on liabilities, contracts, tax treatment, and your goals.\"}}, {\"@type\": \"Question\", \"name\": \"What should I gather before the first call?\", \"acceptedAnswer\": {\"@type\": \"Answer\", \"text\": \"Gather financial statements, tax returns, leases, key contracts, employee records, and any litigation history.\"}}, {\"@type\": \"Question\", \"name\": \"Can terms change after a letter of intent is signed?\", \"acceptedAnswer\": {\"@type\": \"Answer\", \"text\": \"Many terms stay negotiable until the definitive agreement is signed. 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