Identify the parties involved in the transaction. 2. 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.Explore our guide on business purchase agreement PDFs, covering all you need to know from drafting to common mistakes. Description of the business and your ownership of it. The risk in the Goods shall pass to the Customer on completion of delivery. 5.2. The easiest way to create a Business Purchase Agreement is to use a template that is customized to your state. Get in Touch with a Chicago Business Lawyer.