There are two basic ways a business can be acquired: a stock purchase or an asset purchase. Asset purchase agreements can be a useful way to create a new business while leaving unwanted resources and potential issues with the seller.Thrift McLemore facilitates legal asset sales for buyers and sellers, ensuring full compliance and optimal financial outcomes. How do I fill this out? This article reviews what small business owners need to complete an asset purchase of their business. Once the price is set, the parties will need to draft and sign the stock or asset purchase agreement and all other contracts. An asset purchase agreement is a written legal instrument that formalizes the purchase of a business or significant business asset. Download Georgia Asset Purchase Agreement template, modify and send for signing using BoloForms Signature. The cost of an asset acquisition may exceed or be less than the fair value of the assets acquired and liabilities assumed.