When finalizing the paperwork for the sale of your Business, it’s important to read and check the small print, making sure that there are no weaknesses or loop-holes. In the second part of The Documents and the Terms, Justin looks at the specifics of the Purchase Agreement, and how to effectively organize your Team effectively to manage the process.

TRANSCRIPT: [ Ссылка ]

TIME INDEX:
00:32 - The Documents & The Terms, part 2
00:39 - The Purchase Agreement
04:15 - Agreements included in the final Purchase Agreement
05:09 - Things to review
05:26 - Transfers
05:58 - Taxes
06:08 - Representations & Warranties
06:41 - Covenants
06:58 - Conditions
07:18 - Payments and Closings
07:53 - Miscellaneous
08:29 - Consult with your Team
10:10 - Appoint a Coach
11:22 - Keeping on track

USEFUL LINKS:
- Work with Justin's team: [ Ссылка ]
- Subscribe to our business and financial newsletter: [ Ссылка ]
- New Book: Financially Simple's The Ultimate Sale - Selling your Business for Maximum Profit
[ Ссылка ]

BIO:
Justin A. Goodbread, CFP®, CEPA®, CVGA®, owner of FinanciallySimple.com, is a nationally recognized financial planner, business educator, wealth manager, author, speaker, and entrepreneur. He has 20+ years of experience teaching small business owners how to start, buy, grow, and sell businesses. Multi-year winner of the Investopedia Top 100 Advisor award and Exit Planning Institute’s Exit Planner Leader of the Year. Please visit HeritageInvestor.com to learn the criteria used in earning these credentials and awards.

DISCLAIMER:
Host Justin Goodbread owns Heritage Investors LLC, a registered investment adviser with the State of Tennessee. Heritage Investors only transacts business in states where it is properly registered or is excluded or exempted from registration requirements. This material is for general information only and is not intended to provide specific advice or recommendations for individuals. To determine what is appropriate for you, please consult a qualified professional. The Financially Simple podcast provides information, guidance, and support to Small Businesses in the United States.

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