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Reasons to Consider Buying a Contaminated Site for your New Business Location

October 12, 1996

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James K. O’Brien

Existing infrastructure, transportation convenience, availability of trained workers, and proximity to markets and materials are good reasons for commercial and manufacturing operations to be located in current industrialized contaminated areas (“brownfields”). Rebuilding in these areas saves valuable farmlands and green spaces around metropolitan areas. Some additional reasons to consider buying […]

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Buying or Selling a Business? Four Common Pitfalls to Avoid

April 12, 1996

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1. “Disappearing” Working Capital. Care must be taken to insure that the seller does not deplete the working capital (e.g., cash, accounts receivable and/or inventory) of the business prior to closing which could result in a serious cash flow shortage following closing. Avoiding this pitfall requires certain understandings between buyer and […]

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