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Sale of Business Agreement No Employees

Sale of Business Agreement No Employees

stars Over 10,000 Happy South African Businesses

Original price was: R 1 811,58.Current price is: R 1 268,11.

Agreement for sale of business without employees or related obligations.

  • Clear responsibilities and obligations.
  • Protects both the buyer and seller.
  • Ensures smooth transition of ownership.
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How do I receive my documents once I have paid for them?

Once your order is complete, you will be granted download permission for the document. You will:

  • See download links on the order received page after you have checked out.
  • Receive an email notification which will include download links.
  • Have access to your downloads via the Downloads tab on your ‘My Account’ page when logged in to your account on this website.
What format do you provide the document in?

You’ll receive the document in Microsoft Word. A small number of our documents are only available in PDF, in which case this is stated in the document summary.

What if I don't receive the link?

The two most common reasons for people not receiving the link are : (i) The e-mail address entered into the order form was incorrect; or (ii) the e-mail was directed into your spam folder. First please check your spam folder. If it is not there, contact us.

How can I tell if the document is suitable for my requirements?

Each document is accompanied by a description. Read the description to see if it will meet your requirements. If you are still uncertain, you can Contact Us with a brief overview of what you need the document for and we will respond as soon as possible.

Can I make changes to the contracts and legal documents?

Our documents are provided in MS Word format, allowing you to adjust and alter the agreement as you require. If you do not have legal experience we do caution you to be circumspect about the extent of the changes that you make.

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SALE OF BUSINESS AGREEMENT NO EMPLOYEES

Summary A Sale of Business Agreement can be used when a person sells portion or the whole of their business, without selling any shares or members interest in the entity.

Why do I need a Sale of Business Contract? A contract for the Sale of a Business sets out the terms of the sale, such as the purchase price, the terms of payment and precisely what is included in the sale (amongst other things). A person wanting to sell a business, such as a division of the organisation, a particular product-line, a department, or the whole of the business operations to somebody else should use a written agreement.

This agreement does not envisage the transfer of staff to the purchaser. If the sale and transfer of the business includes staff, then our Sale of Business Agreement – with Employees can be used.

Note also that this Agreement does not cater for the transfer of shares in a company, or members interest in a close corporation. In these instances a Sale of Shares Agreement or Sale of Members Interest Agreement should be used.

What terms does this contract include? The standard terms of this contract to sell a business consist of: parties; interpretation; sale of business and warranties; purchase price; valuation of stock; debtors and liabilities; Insolvency Act publication; cession and assignment; delivery and risk; resolution; breach; general.

How long is this Sale of Business Agreement? The agreement can be printed onto nine pages.

What should you do to use a sample Sale of Business Contract?

  • Read the document to confirm that it suits your requirements. Make any changes that may be required.
  • Complete the relevant details. This includes the Seller and Purchaser’s names, the nature of the business being sold and the purchase price. And ensure that you complete the clause specifying how the sale price is to be paid.
  • Once both parties have agreed to the terms and signed the agreement, make sure that you file your copy in a safe place. It is also recommended that you store a copy of the signed document electronically.

Also viewed: Confidentiality Agreements (you may want to get one signed before negotiations start!)

You may also refer to this contract as Terms of Sale of Business; Sale of Business Contract; Terms & Conditions of Selling a Business

 

The Online Agreements Shop cc and its members, staff, legal advisers, partners and consultants, agents and any person associated therewith cannot be held liable for any loss or damage that is incurred or may be incurred by any person as a direct or indirect result of the use of this website or any document or information contained on or obtained from this website, nor as a result of anything that is contained in or left out of any document.

How do I receive my documents once I have paid for them?

Once your order is complete, you will be granted download permission for the document. You will:

  • See download links on the order received page after you have checked out.
  • Receive an email notification which will include download links.
  • Have access to your downloads via the Downloads tab on your ‘My Account’ page when logged in to your account on this website.
What format do you provide the document in?

You’ll receive the document in Microsoft Word. A small number of our documents are only available in PDF, in which case this is stated in the document summary.

What if I don't receive the link?

The two most common reasons for people not receiving the link are : (i) The e-mail address entered into the order form was incorrect; or (ii) the e-mail was directed into your spam folder. First please check your spam folder. If it is not there, contact us.

How can I tell if the document is suitable for my requirements?

Each document is accompanied by a description. Read the description to see if it will meet your requirements. If you are still uncertain, you can Contact Us with a brief overview of what you need the document for and we will respond as soon as possible.

Can I make changes to the contracts and legal documents?

Our documents are provided in MS Word format, allowing you to adjust and alter the agreement as you require. If you do not have legal experience we do caution you to be circumspect about the extent of the changes that you make.

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Sale of Business Agreement no employees 1
This item: Sale of Business Agreement No Employees
Original price was: R 1 811,58.Current price is: R 1 268,11.
Original price was: R 1 811,58.Current price is: R 1 268,11.
Employment Contract Commission based no probation 1
Original price was: R 1 085,37.Current price is: R 759,76.
Conditional Intent to Purchase Members Interest 1
Original price was: R 779,49.Current price is: R 545,64.
Employment Contract – Monthly Salary no Probation 1
Original price was: R 1 085,37.Current price is: R 759,76.
Sale of Business Agreement with employees 1
Original price was: R 1 918,15.Current price is: R 1 342,71.
Finance Agreement – Instalment Sale Agreement 1
Original price was: R 2 723,29.Current price is: R 1 906,30.

SALE OF BUSINESS AGREEMENT NO EMPLOYEES

Summary A Sale of Business Agreement can be used when a person sells portion or the whole of their business, without selling any shares or members interest in the entity.

Why do I need a Sale of Business Contract? A contract for the Sale of a Business sets out the terms of the sale, such as the purchase price, the terms of payment and precisely what is included in the sale (amongst other things). A person wanting to sell a business, such as a division of the organisation, a particular product-line, a department, or the whole of the business operations to somebody else should use a written agreement.

This agreement does not envisage the transfer of staff to the purchaser. If the sale and transfer of the business includes staff, then our Sale of Business Agreement – with Employees can be used.

Note also that this Agreement does not cater for the transfer of shares in a company, or members interest in a close corporation. In these instances a Sale of Shares Agreement or Sale of Members Interest Agreement should be used.

What terms does this contract include? The standard terms of this contract to sell a business consist of: parties; interpretation; sale of business and warranties; purchase price; valuation of stock; debtors and liabilities; Insolvency Act publication; cession and assignment; delivery and risk; resolution; breach; general.

How long is this Sale of Business Agreement? The agreement can be printed onto nine pages.

What should you do to use a sample Sale of Business Contract?

  • Read the document to confirm that it suits your requirements. Make any changes that may be required.
  • Complete the relevant details. This includes the Seller and Purchaser’s names, the nature of the business being sold and the purchase price. And ensure that you complete the clause specifying how the sale price is to be paid.
  • Once both parties have agreed to the terms and signed the agreement, make sure that you file your copy in a safe place. It is also recommended that you store a copy of the signed document electronically.

Also viewed: Confidentiality Agreements (you may want to get one signed before negotiations start!)

You may also refer to this contract as Terms of Sale of Business; Sale of Business Contract; Terms & Conditions of Selling a Business

 

The Online Agreements Shop cc and its members, staff, legal advisers, partners and consultants, agents and any person associated therewith cannot be held liable for any loss or damage that is incurred or may be incurred by any person as a direct or indirect result of the use of this website or any document or information contained on or obtained from this website, nor as a result of anything that is contained in or left out of any document.