Products tagged with 'sale of business assets'

Use this free template to prepare a certified copy of a shareholders resolution authorizing the transfer of the corporation's assets to a buyer.

• All of the shareholders resolve to transfer all of the corporate assets to a purchaser pursuant to the terms and conditions of a purchase agreement.
• This is a free generic form which is not country-specific.
• Available in MS Word format.

Learn how to successfully negotiate a fair price for selling your business with this 20-page expert guide which examines the issues you need to consider, including:

• the difference between fair market value and negotiated purchase price,
• the pros and cons of selling shares vs. selling assets,
• various methods of valuing your business,
• recasting the company financial statements,
• negotiating the value of goodwill,
• normalized sustainable future earnings,
• assessing the buyer's risk,
• techniques for bridging the gap between price and value assessments.

Selling Your Business: Successfully Negotiating Price is a comprehensive how-to guide written by an Ontario lawyer with years of experience helping business owner-managers with their exit strategies.

Use this 6-page checklist to help you navigate the issues and get through the process of selling your business.

• Topics include:
  • assembling your team of advisors;
  • defining your needs;
  • preparing an opportunity plan and a marketing plan;
  • disclosure documentation;
  • following up with interested parties.
• If your business has a value in excess of $1 million, this checklist can help you through the selling process.
• Available in PDF format.
• Prepared by an Ontario corporate lawyer with years of experience and expertise in assisting owners in the sale of their businesses.

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.

Prepare a Schedule to an Asset Purchase Agreement for the purchase and sale of the assets of a hotel business with this downloadable template for Ontario.

• Room rentals, restaurant and lounge receipts will be adjusted at midnight on the date of closing.
• Method of transferring the liquor license to the purchaser.
• The seller warrants that the employees are not represented under a collective bargaining agreement.
• Conditions of the purchaser for closing the transaction.
• Representations and warranties of the seller.
• Disclosure of revenues, expenses, contracts and business information.
• Assignment of service contracts and leases, trade names, signage and phone numbers from the seller to the purchaser.
• This Asset Purchase Agreement Schedule addresses the special matters to be considered when purchasing hotel assets under Ontario provincial laws.
• Available in MS Word format and fully editable.
• Intended to be used only in the Province of Ontario, Canada.