If you buy assets in a company, you are not buying the company yourself, but only one aspect of it. This can mean a product, a customer list, or a type of intellectual property. The company or enterprise retains its name, commitments and tax returns. Promotion of the sale of your business can be obtained by creating an ad published in commercial classified ads. Whether you publish a newspaper in your area, online, or both, you need to indicate the type of business, location, and purchase price. Consider including photos of the site (of the commercial sites) in order to give a face to the name and any details of the business that might attract a buyer. When you put an ad online, many specific websites can help you reach a wider range of potential buyers such as BizBuySell, BizQuest, or Business Exits. No buyer will pay or want to take possession of goods/shares without a documented sales contract provided by the seller. The buyer also wants to prove that you are the true rightful owner of the items sold.

Step 4 – Submit the company`s agreed purchase price in both formats: a purchase or sale contract is used to negotiate future sales or purchases. This type of document can be used in the initial phase of negotiations to secure assets and business conditions, but it is only a project or a promise, which will be the final transaction…