Products tagged with 'purchase of business'

Prepare an Affidavit of Bona Fide Purchase with this template form for the purchase of a business in Canada.

• The Affidavit must be sworn by an officer of a company that is purchasing the assets of a business.
• The Affidavit attests that the purchase is a bona fide purchase and is not being made for the purpose of keeping the assets out of the hands of creditors.
• This form can be used in any Canadian province or territory. A French language version may be required in some provinces.

Before you close the purchase of that business you're buying, get the seller to sign this Noncompetition and Nonsolicitation Agreement.

• The person you bought the business from could become your newest competitor, unless you get them to sign this Noncompetition and Nonsolicitation Agreement as a condition of the closing.
• The seller agrees not to operate a business that competes directly or indirectly with the Business you're acquiring for a specified period of time after completion of the sale (non-competition).
• The seller also agrees not to solicit the customers or employees of the purchaser (non-solicitation).
• The purchaser agrees to keep confidential any proprietary information belonging to the seller.
• This is a generic legal form which can be used anywhere.

Before you purchase a business, make sure you consider all the issues with this free Due Diligence Checklist for Canadian companies.

• The checklist covers the items you need to review, such as:
  
  • corporate records;
  • financial information;
  • contractual arrangements;
  • assets and property;
  • employee relations and benefits;
  • tax matters.
• This is a free downloadable file prepared for use in Canada.

Before you purchase or invest in a privately held company, do your due diligence with this 5-page guide and checklist covering such items as:

• a review of the corporate documents,
• shareholders, shareholder loans, guarantees, options and warrants,
• financial review,
• corporate borrowing, credit facilities, and debt obligations,
• taxes and government compliance,
• operations management,
• products, competition, sales and marketing,
• employees and senior management,
• tangible and intellectual property,
• legal action by and against the business,
• overview of the company's insurance coverages,
• third party consents and approvals required.

Don't put your investment at risk by not doing your homework. Get the Investor / Purchaser Due Diligence Guide for private companies.

Whether you're buying or selling a business, make sure the other party continues the negotiations by getting this USA No-Shop Agreement signed at the outset.

• This agreement can be used anywhere in the United States.
• The parties to the transaction agree that they will not consider other offers or approach other potential purchasers while the negotiations between them are ongoing.
• This free template can be used by business brokers and by buyers or sellers in non-brokered transactions.
• Available in MS Word format. Easy to download and use.

Are you in negotiations to purchase the assets of a business? Set down the terms of your offer in writing with this Letter of Intent template.

• The letter of intent is not a contract and is not legally binding, except as it relates to the negotiations between the parties, such as confidentiality provisions.
• In this template, the buyer intends to incorporate a new company which will purchase all of the assets and goodwill of the business from the seller.
• The letter has a built-in expiry date, which will take effect if the parties fail to execute and deliver a formal Purchase & Sale Agreement within a specified number of days.
• If the buyer is willing to proceed and the seller fails to go through with the transaction, the seller will pay the buyer's costs and a percentage of the purchase price as liquidated damages.
• This is a generic template that can be used anywhere.