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selling a business contract so you probably know that when you sell a business you need some type of contract or purchase agreement but did you know that theres several different types of purchase agreements depending on the structure of the sale now what I mean by that is sometimes when you sell a business youre mainly just selling the assets of the business or the assets of the business and maybe potentially certain liabilities for example you may be selling equipment vendor list existing contracts accounts receivable and also potentially the buyer may be willing to take on certain loans or other liabilities of the company thats your standard asset purchase which would use an asset purchase agreement other times and in certain instances a company or a person will actually buy the business itself meaning theyre buying out all the stockholders or if youre a limited liability company all the membership unit holders so in this instance theyre actually buying the company meaning the
