Financial planners

Financial planners and wealth managers provide value after your business is sold or may be able to assist with financial guidance if you are buying a business. Just like finding the right attorney or accountant, make sure you find a financial planner or wealth manager that makes you feel comfortable with your goals and how they communicate with you.

Equally important, make sure the financial planner works in the area that matches the reason you want to hire them. It doesn’t make sense to hire a financial planner that specializes in share investing or insurance products if you need help advising how to invest the proceeds from the sale of your business.

Here is a summary of some of the help you can expect from a financial planner.

Bill of Sale
Non-Lien Affidavit
Seller’s/Buyer’s Affidavit
Seller’s/Buyer’s Corporate Resolution
Cooperation Agreement
Affidavit of transfer of fictitious name, yellow pages advertising and telephone
Assignment of Trade Name
Assignment of Customer Contracts and Accounts
Assignment of Purchase and Sale Contract (If to a Corporation)
Covenant Not to Compete

Security Agreement
UCC-1 Financing Statement
Assignment of Lease
Collateral Assignment of Lease
Employment Agreement
Purchase Price Allocation
Inventory List/Adjustment Worksheet
List of Vendors/Deposits
Closing Statement