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Buyers oftentimes use an existing business entity, or a newly formed one to purchase a Seller’s business. If this is the case, it is important that the Buyer has executed a Resolution To Purchase. Included is an example document that might be used as a guide.

Unless the business is operating as a Sole Proprietorship, it will likely need a formal record of authorizing the sale of the business, its assets and operations. Included is an example document that might be used as a guide.