Sale of a Business Package - Wisconsin 2026

1. Click ‘Get Form’ to open it in the editor.
2. Begin with the 'Agreement for Sale of Business - Sole Proprietorship'. Fill in the seller's name, business details, and agreed sale price. Ensure all terms are clear and mutually understood.
3. Next, complete the 'Asset Purchase Agreement'. List all assets being sold, including equipment and inventory. This section is crucial for defining what is included in the sale.
4. Proceed to the 'Bill of Sale for Personal Assets'. Here, specify any personal items being transferred. This form protects both parties by documenting ownership transfer.
5. Fill out the 'Promissory Note' if financing is involved. Clearly state repayment terms and interest rates to avoid future disputes.
6. Complete the 'Landlord’s Consent to Assignment of Lease' if applicable. This ensures that lease agreements are honored post-sale.
7. Finalize with any additional forms like the 'Non-Competition Covenant' and 'Profit and Loss Statement', ensuring all necessary legal protections are in place.

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