Sale of a Small Business

• We will meet with you to discuss your proposed sale of business
• Review the executed agreement of purchase and sale
• Prepare statement of creditors under the Bulk Sales Act
• Prepare Bill of Sale
• Obtain retail tax clearance certificate under the Retail Sales Tax Act
• Prepare statement of adjustments
• Collect and remit any outstanding retail sales tax
• Prepare consents or waivers from creditors of the vendor (if applicable)
• Attending to the closing and completing the sale
• Reporting to the client


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