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Business Brokerage Glossary

Installment Sale

A sale that is arranged so that the buyer pays the seller a stipulated series of payments. Also, an IRS term indicating that the sale may receive preferential tax treatment because the seller did not receive the total purchase price at the time of the sale.

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Offer Sheet

It's sometimes a good idea to provide the seller with an offer sheet clearly stating the price and terms on one page.
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