Identify the parties involved in the transaction. 2. The other main phase will be negotiating and completing the sale.This is likely to take a minimum of six weeks, but can take longer. Here are some key steps to prepare your business for sale and achieve your financial goals: Understand the Value of Your Business. To discuss your sale or purchase agreement with a knowledgeable business attorney, call our law firm in Dallas, Texas, at 972-744-0445. A business sale agreement is a legal document that describes and records the price and other details when a business owner sells the business. Federal Law requires that providers of real estate settlement. Safran announces the contemplated acquisition of Collins Aerospace's hightechnology actuation and flight control activities. ACCEPTANCE OF ORDER: This purchase order (Order) is Buyer's agreement with Seller to purchase or license the Items listed in this Order.