Users that create a Sale of Business Assets Worksheet sometimes need additional documents. Here are some others you might be interested in. When you're negotiating the terms of the sale of a business, a Sale of Business Asset Worksheet can help you outline all of the important details. It helps you understand the possible terms that might then be included in a formal legal document—the Business Purchase Agreement—that comes next. A Sale of Business Assets Worksheet helps determine the value of the assets, and what specifically will be considered assets. Any or all of the assets can be selected for purchase. Many businesses use Excel and Google Drive to track assets. Is this a good solution, or are fixed asset spreadsheets just a cheap fix? Below you’ll find a wide variety of Microsoft Excel Templates that are easy to use and free to download. These templates have been designed with efficiency and organization in mind, allowing you to save time while creating professional documents. When a company borrows money to buy equipment, it enters into a security agreement giving the lender the right to repossess the equipment if loan payments are missed. As with buildings, equipment lasts numbers of years, undergoes depreciation, and results in tax deductions.