Important Legal Considerations in Sale of a Business


Important Legal Considerations in Sale
of a Business

This discussion will focus on Pre-Sale Seller Due Diligence and how to keep employees through the process; Key Legal Documents and when they are signed, their purpose and what to look for; and Buyer Types – how it impacts the transaction process and cost and which buyers are best-suited for which sellers.


Learning Objectives:

  • Identify and resolve issues prior to a sale
  • Learn to preserve the value of the business through the sale process
  • Overview of NDA, LOI, APA, SPA and MIPA agreements
  • The difference between strategic, private equity, financial, family and internal buyers


About the Presenter:

Learn from industry expert Jon Siebers, Attorney, Rhoades McKee.

Meet the Presenter


The EPI West Michigan Local Chapter is different than other groups because it brings together a diverse group of professionals from a wide range of specialties that can naturally work collaboratively on exit planning, succession planning, value growth, transaction or any engagement from both sides of the equation. The chapter meets regularly to network, reconnect, grow knowledge, and sharpen their skills with a common goal: Change the outcome for transitioning business owners. Make plans to join us for future events and connect with the local leadership by visiting

About the Presenter

Jon Siebers

Jon Siebers

Attorney, Rhoades McKee

Meet Jon Siebers.

Jon is a corporate attorney at Rhoades McKee with a focus on mergers and acquisitions, securities, and commercial real estate. Jon also acts as outside general counsel for middle market and small companies. Jon was the first attorney in Michigan to become a Certified Merger and Acquisition Advisor through Alliance of Merger & Acquisition Advisors. His work and experience has been recognized and ranked by US News Best Lawyers and Michigan Super Lawyers. In addition to serving as the 2019 President of ACG Western Michigan, Jon is an active board member of Kids’ Food Basket and the West Michigan chapter of the Michigan Business Brokers Association.

Continuing Education

This meeting qualifies for the following continuing education credits:

One (1) CPE hour (pending approval)

One (1) CFP hour (pending approval)

One (1) CEPA credit (pending approval)

NOTE: Proper documentation must be collected and submitted to qualify for continuing education. For questions regarding awarded continuing education credits, please contact the Exit Planning Institute (EPI).