This Business Sale Agreement will help cover everything that needs to be undertaken before the sale of the business. All elements and restrictions contained in the agreement are maintained after the closing date. Selling a business is a long and complex process. This is especially true, the bigger and more complicated your business is. It is best to consult your lawyer, sales advisor and even hire a broker to lighten the load of the sales process. Also known as a Business Transfer Agreement, a business purchase agreement is entered into between a seller and a buyer for the rights of the business.4 min read If you buy shares in a company, you are buying part of all aspects of the business. If you buy all the shares in the business, you own all facets of the business. .