Business Transactions

A buy-sell agreement helps prevent future problems if there is a change of ownership at your business. Through this legal document, you establish a plan for what happens if an owner retires, moves on, becomes disabled or dies. Without a buy-sell document, your company...

Since companies vary in structure and size, there is no set way to purchase a business. Generally, it is important to craft an acquisition to the characteristics of the target company so that the purchase does not fail, while also checking to see if the business is...

Oklahoma residents who follow business news may know that special purpose acquisition companies have become far more common in recent years. A SPAC is created to raise money through an initial public offering that is used to buy an existing private company. Once the...

For Oklahoma entrepreneurs, setting your business up as a separate entity means legally and financially separating your business from your personal holdings. Separations include business transactions such as purchasing inventory, salary expenses, banking transactions,...

If you are a business owner in Oklahoma, then you know that keeping track of your finances is essential. A general ledger can be a great way to achieve that. Understanding a general ledger A general ledger is a record of all financial transactions that take place...

Managing a business includes recording entries in an accounting journal. Accounts and general ledgers are used to record all types of financial transactions. Any professional in Oklahoma can maintain a journal with basic knowledge of how the accounting process works....

Selling a business requires the perspectives of the buyer and the seller in Oklahoma. Both sides need certain due diligence procedures to get the deal done. Buyers usually prefer asset deals as an asset purchase transaction or as a purchase of their ownership...