business bill of sale
a business bill of sale is a form that transfers an individual’s ownership of a company to a buyer in exchange for payment. a business bill of sale is evidence that a person transferred their ownership in a business to another party. depending on the structure of the company, this can include the transfer of shares, stocks, or the company as a whole. a business bill of sale and a purchase agreement are used during a business sale transaction but at different steps in the selling process. after all conditions have been met and money has changed hands, a bill of sale can be used to document the transaction, and a copy can be kept for the parties’ records. the bill of sale is used at the end of the selling process, after the parties have sorted out the financials and how they plan on transitioning. completing the bill of sale is one of the easiest steps, as the form is short and can be filled out and signed in a matter of minutes.