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    • Documents and Information Required for Selling a Business
      • To prepare for the sale of your business, you'll need the following documents: Profit & loss statements for the current and past 2-3 years Current balance sheet Cash flow statement Statement of SDE Business tax returns for the past 2-3 years Copy of the current lease
      www.bizbuysell.com › learning-center › article

      Documents and Information Required for Selling a Business

  2. eforms.com › bill-of-sale › businessFree Business Bill of Sale Form - PDF | Word – eForms

    Jan 4, 2023 · A business bill of sale is a legal document that recognizes the sale and change of ownership of a business and all its assets. A business bill of sale sets the terms for the sale, details key information of the buyer and seller, and acts as a key record of the final transaction.

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  4. www.sba.gov › close-or-sell-your-businessClose or sell your business | U.S. Small Business Administration

    • Decide to close. Sole proprietors can decide on their own, but any type of partnership requires the co-owners to agree. Follow your articles of organization and document with a written agreement.
    • File dissolution documents. Failure to legally dissolve an LLC or corporation with any state you’re registered in will expose you to continued taxes and filing requirements.
    • Cancel registrations, permits, licenses, and business names. Protect your finances and reputation by canceling any of these that you no longer need, including your trade name.
    • Comply with employment and labor laws. Reference the Department of Labor’s Worker Adjustment and Retraining Notification Act (WARN) for employee payment after closing, along with other federal and state laws.

  5. www.bizbuysell.com › learning-center › articleDocuments and Information Required for Selling a Business

    If you’re considering selling your small business, you'll need to gather documents and information. Preparing solid financials will help determine a fair asking price.

    • Bob House

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  7. legaltemplates.net › form › buy-sell-agreementFree Buy-Sell (Buyout) AgreementTemplate | PDF & Word

    Apr 27, 2024 · A buy-sell agreement, or buyout agreement, is a legal contract outlining what happens to a co-owner or partner’s shares if they die or want/need to leave the company. The agreement stipulates what happens to a company’s shares if something unforeseen occurs.

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  8. www.wonder.legal › us › modeleBusiness Sale Agreement - FREE - Sample, Template - Wonder.Legal

    Jun 15, 2024 · A business sale agreement, also sometimes called a business purchase agreement, is a document used by the seller of a company and the buyer of that company. Through the business sale agreement, the parties can outline the terms and conditions of the sale.

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  9. www.investopedia.com › 08 › sell-small-business7 Steps To Selling Your Small Business - Investopedia

    Jun 5, 2024 · 1. Identify Your Reasons for a Sale. You've decided to sell your business. Why? That's one of the first questions a potential buyer will ask. Owners commonly sell their businesses for any of...

  10. www.bizbuysell.com › selling-a-business-checklistSelling a Business Checklist to Ensure a Smooth Sale - BizBuySell

    Selling a small business is a common exit strategy for business owners, but it's not something most business owners have any experience with. To get the most money for your business and ensure a smooth selling process and a proper ownership transition, you may find the following checklist helpful.

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