Buying Online Businesses Podcast

Many people want to buy an online business but feel unsure about legal fees, when to hire a lawyer, and what legal due diligence involves. This podcast episode answers those questions. In this episode of the Buying Online Businesses podcast, Jaryd Krause talks with business attorney Eric Hsu. Eric helps professionals leave corporate jobs and start their own businesses by buying existing ones. He focuses on business purchases, offering advice on deal structures, legal risks, and market trends. He also shares helpful content on X, LinkedIn, and his blog. Unlike many lawyers, Eric works only on the buyer’s side, which means he is fully focused on protecting buyers. Jaryd and Eric discuss key legal steps in buying a business, including when legal due diligence is needed, what it involves, and how much it costs for deals of different sizes. They also explain the legal work done for letters of intent (LOI), asset purchase agreements, and other contracts. The conversation covers how buyers can include legal fe