My husband's father has an upholstery business in a small town that has been around in the family for more than 30 years. He is looking to retire and hand the business over to my husband and I. He does not want to sell it to us but rather just have us take it over. We are unsure about what legal steps to take to take it over and put the business in our names. Someone mentioned it may be best for him to "sell" it to us. We are looking to expand the business as well. Currently he does upholstery work on furniture and automotive upholstery. We would also like to do repair and performance work on vehicles. We have interest in expanding the building as well. We will need additional equipment for the shop also. He is a one man operation so there are no employees. I'm looking for some advice/direction as to how we can start this journey as small business owners.