Wisconsin Sale of a Business Package

State:
Wisconsin
Control #:
WI-P018-PKG
Format:
Word; 
Rich Text
Instant download

Description

This package contains essential legal documents to assist individual or corporate buyers or sellers in the sale of a business. You may modify these forms to fit your particular circumstances. Some documents in this package are state-specific.



This package contains the following forms:



1) Agreement for Sale of Business- Sole Proprietorship

2) Asset Purchase Agreement

3) Bill of Sale for Personal Assets

4) Promissory Note

5) Landlord's Consent to Assignment of Lease

6) Retained Employees Agreement

7) Noncompetition Covenant by Seller

8) Profit and Loss Statement

9) Bill of Sale in Connection with Sale of Business by Individual or Corporate Seller


Purchase this package and save up to 40% over purchasing the forms separately!

Free preview Wisconsin Businesses For Sale By Owner
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FAQ

Delays Kills Deals. First, understand that delays kill deals. Market Small Businesses on the Web. Most small businesses these days are marketed on the Internet. Manage the Process. Keep on it Through Due Diligence. Pay Attention To Taxes. Use an Attorney.

Clothing. Computers. Office equipment. Electricity. Gas. Steam. Water. Prewritten computer software, regardless of how it is delivered (i.e., physical media or download)

Determine what your business is worth. Prepare your financials with your accountant. Find a broker or investment banker. Develop the executive summary of your business. Put your business on the market. Field offers from potential buyers. Let the buyer perform due diligence.

1 Develop your business pre-sale checklist. Generally speaking, buyers prefer to purchase small businesses that come with low risks and high rewards. 2 Prepare all paperwork. 3 Compile and normalise your financial accounts. 4 Prepare a business plan. 5 Contact a business broker.

Prepare a Business Summary. Market your business aggressively. Screen buyers and email them your Business Summary. Meet with qualified buyers and screen them appropriately. Accept an offer. Manage the due diligence process. Handle the closing.

Who must obtain a seller's permit? A seller's permit is required for every individual, partnership, corporation, or other organization making retail sales, leases, or rentals of tangible personal property or taxable services in Wisconsin, unless all sales are exempt from sales or use tax.

Goods that are subject to sales tax in Wisconsin include physical property, like furniture, home appliances, and motor vehicles. Prescription medicine, groceries, and gasoline are all tax-exempt. Some services in Wisconsin are subject to sales tax.

The state of Wisconsin does not usually collect sales taxes on the vast majority of services performed. However, some services, like those which have to do with manufacturing or creating products, are generally considered taxable.

BizBuySell.com. BizQuest.com. BusinessBroker.net. BusinessesForSale.com. BusinessMart.com. DealStream.com (formerly MergerNetwork) Franchise Gator. LoopNet.com.

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Wisconsin Sale of a Business Package