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Understanding the options for selling your business Sale to your management team. Often referred to as a management buyout, or MBO, this is where you divest all or a portion of the company to the management team. ... Sale to a financial buyer. ... Sale to a strategic buyer. ... Partial recapitalization.

Every document ? financials, customer records, vendor contracts, sales reports, expense reports, tax returns ? will be carefully examined. They will ask for more information on gray areas. They are verifying the claims made in the initial negotiation stages. Doubling back on financials to see if everything checks out.

In New Jersey, anyone selling a motor vehicle must fill out the back of the title with the buyer's information, then give the title to the buyer along with the bill of sale. The bill of sale must include an odometer reading.

Here's a checklist of the items you should get together: Three years' profit and loss statements. Federal Income Tax returns for the business. List of fixtures and equipment. The lease and lease-related documents. A list of the loans against the business (amounts and payment schedule) Copies of any equipment leases.

If the ownership of my business changes, do I need to let you know? Yes. Whenever you buy, sell, or discontinue a business, you will need to contact the California Department of Tax and Fee Administration (CDTFA).

Documents Required to Sell a Business Depending on the type of business you are selling, you may need an Entity Sale Agreement or an Asset Sales Agreement. Furthermore, if you are financing part of the purchase price, you may need a Security Agreement for Asset Sale, a UCC Financing Statement and a Promissory Note.