Use a Business Bill of Sale to set out the terms for the sale of a business and transfer the ownership and all assets to the buyer. Provide a detailed description of the property or asset being sold.A business bill of sale transfers an individual's ownership of a company to a buyer in exchange for payment. In completing the following financial affidavit, be sure to identify revenue, expenses, assets, and liabilities as directed. An asset purchase agreement is a type of contract that pertains specifically to the sale of a business or particular business assets. The notary application packet and the notice of name change form may be downloaded in Adobe's Acrobat PDF format for viewing or printing at your site.