A: While I am not a South Carolina Lawyer, I generally recommend at the very least speaking with a business attorney for an initial consultation. Depending on the type of business and type of sale there may be certain reporting requirements or disclosure that need to be made. The two major benefits are protecting you against any unintended liability and getting the best deal possible. When you negotiate on your own behalf it is hard to know when to give and when to take. An attorney who negotiates on your behalf can test the water with the opposing counsel or buyer, then make strategic decisions in getting you the best deal possible.