Having a business budget is essential for any size business. A business budget helps you decide whether you can grow your business, give yourself a raise, purchase additional inventory and assets, and whether you may be able to avoid bankruptcy. 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. An Asset Purchase Agreement is the form to use. In that case, you might not want to pay exactly 30 percent of the value based on what 100 percent of the company is valued. There have been numerous books written explaining how to determine the amount of discount you should take, ranging from 10 percent to 50 percent. When you are an entrepreneur, it is always best to consider all of the options for the future of your business. Even among business owners who may want to be at the helm until retirement, people who own all or part of a business must plan for leaving it.