This guide will help you understand how to fill out and sign a business purchase agreement template so that everyone's best interests are protected. Identify the parties involved in the transaction. 2.A business purchase agreement is a legal document used to set the terms and conditions of a business sale between a buyer and a seller. Explore our guide on business purchase agreement PDFs, covering all you need to know from drafting to common mistakes. 3.1. The Vendor shall sell and the purchasers shall purchase the business and assets described in the Schedule hereto. Fill out the trade contractor interest form to provide an overview of your company and capabilities. Step 2: Introductory Meeting. This document is a business purchase agreement between two entities. It details the sale of a business from the Seller to the Buyer.