Sell
Your Business Tips, Hints & Techniques:
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your name & e-mail address below and each week I'll send you
detailed tips, facts, resources & ideas you can use right
away to help sell your business faster and for more money.
Step
6 - Close The Sale
Closing
Checklist For An Asset Sale
This
closing checklist for an asset sale includes most of the more
common items that may be required at closing . It is likely
you will need some items not listed here. You accountant and
lawyer of course will know what is needed. But this list should
help you get started with your preparation.
__
Sales Contract or Sales Agreement
__ Cashier's Check
__ Promissory Note
__ Security Agreement (for seller financing)
__ UCC Financing Statement
__ Asset Acquisition Statement (IRS Form 8594)
__ Covenant Not to Compete (Non-Compete Clause)
__ Employment Contract
__ Consulting Contract
__ Insurance Certificates for the Policy Covering Secured Assets
__ Assignment of Contracts
__ Assignment of Intellectual Property
__ Escrow Agreement for Post-Closing Adjustments
__ Motor Vehicle Transfer Documents
__ License Transfer Documents
__ Real Estate Transfer Documents
__ Title Insurance
__ Mortgage or Deed of Trust
__ Complete Customer Lists
__ Complete Supplier Lists
__ Contracts With Customers & Suppliers
__ Codes &Combinations For security system, safe etc.)
__ Keys (All Keys to the premises, vehicles, file cabinets etc.)
Click
Here For a Closing Checklist for an Entity Sale
Sell
Your Business Tips, Hints & Techniques:
Enter
your name & e-mail address below and each week I'll send
you detailed tips, facts, resources & ideas you can use
right away to help sell your business faster and for more money.
The
Six Steps To Selling Your Business
Step
1 - Preparation Step
2 - Valuation Step
3 - Finding Buyers
Step 4 - Structure The
Sale Step 5 - Due
Diligence Step 6 - Closing
