Attorney Fred S. Steingold practices law in Ann Arbor, Michigan. An expert on small business law, he represents and advises many small businesses. He is the author of The Legal Guide for Starting & Running a Small Business and The Employer's Legal Handbook. His monthly column, "The Legal Advisor," is carried by trade publications across the country.
"For an overview of the purchase process, see The Complete Guide to Buying a Business." San Francisco Chronicle "Nolo is always there in a jam as the nation's premier publisher of do-it-yourself legal books." Newsweek " Steingold offers advice to people considering buying a small or midsized business in the ten to hundred thousands range but not the millions that they plan to play an active role in running, perhaps as their main source of income. His guide can be useful to buyers doing the whole deal by themselves, he says, and for those who are working with lawyers, accountants, and other professionals. He covers an overview of the process, getting ready to buy, preparing the sales agreements, preparing the promissory note and other sales documents, and closing the deal." Eithne O'Leyne, Editor Ringgold, Inc. ProtoView