A sales contract is nothing more than a sales contract. It is also the Dutch translation of the BSG. It is a legally binding document. So we can`t go out like this. Typically, a SPA includes major agreements, such as an acquisition of .B business or a purchase of long-term products. Translation takes longer than usual. Continue or click here to open the translation in a new window. In principle, a G.S.O. contains all the conditions surrounding the agreement.
The amount of the sale, the date of the transfer, but also the agreements relating to the contracts of staff and suppliers. In addition, all guarantees, compensation and debts are in a G.S.O. A BSG can be created by different parties. You can do it yourself, but you can also do it through your financial advisor, notary or lawyer. The one who does it often depends on the size of the agreement and the value of your business. One of the documents you will find when selling your business is the Sales and Purchase Agreement (SPA). This document can be considered the final point of negotiations between buyer and seller. Because you may want to sell hardware (for example. B buildings and machines) but you want to keep your brand. Or vice versa. These are all the details you have included in a sales contract. Below we explain exactly what a sales contract is and what it says.
In most cases, a Memorandum of Understanding has already been established prior to the sales contract and a due diligence investigation has been conducted. A SPA takes care of all the details of a sale. In the case of the sale of a business, it is very important. Translation of spoken text and longer texts If you want to sell your business, you have to deal with different legal documents. A letter of intent contains the intentions of the buyer and seller. In a due diligence investigation, the buyer will check the financial and legal aspects of the business to be acquired. This way, the buyer is sure that the numbers delivered are correct, and he or she will not be surprised once the purchase is completed. . Frequent short phrases: 1-400, 401-800, 801-1200, More common words: 1-300, 301-600, 601-900, Plus.