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talking asset purchase agreements heres five things to consider if youre a business owner first up on my list here youre selling the companys assets maybe equipment employees fixtures if youre retaining that business name itself make sure the Goodwill isnt also assigned to that name or that brand if youre keeping it to do other operations number two spell out the assets so often I see these catch-all phrases like everything thats at the premises or any other property thats reasonably similar to this no lets put it in an exhibit number three the valuation the price dont forget during this process as youre negotiating this deal products may be going out the door so the value maybe if its tied to a particular store is going to go down in some instances or up because shipments may come in number four your deliveries on the closing date these are going to include ucc3 termination statements that essentially state that theres no liens attied to these assets probably something r
