When selling a business in Oregon and elsewhere, there are three steps to take in getting the business ready to sell. The first step in such a business law transaction is to get an appraisal. The appraiser uses recognized valuation methods to put a sale value on the business. This includes the elusive but important value of the good will of the business.
In Oregon as well as elsewhere, an outside law firm is sometimes called upon to assist a company in a crisis situation. These are usually unexpected chains of events that require the company to make some important decisions about how to respond and how to handle the problem. Business law attorneys may be critical in some circumstances in helping the company to start off on the right track and stay there.
Oregon has its fair share of commercial law transactions that contain an international aspect. Many companies that are worldwide leaders in their industry purchase a segment of another company to enhance a division of the purchaser's operations. In some business & commercial law transactions, the larger company may purchase the total assets of a smaller company. Such purchases are made to diversify the larger company's product line or to add elements to an operational division that are thought to be necessary to increase production and/or sales.