The materials you have available to you for a Bill of Sale are the Bill of Sale template, an employee manual, business cards, and in some cases, a complete business plan. Depending on the length of the sale and your business needs, these templates can be your best friends or your worst enemy.
As an example, let’s say you are selling shoes. Your invoice template is going to include the name of the business, a date by which the invoice is due, and a number to track the invoice. Your business card will be printed with your logo, contact information, and information about your business. The Bill of Sale template includes the name of the person or business that is being sold, the date by which the contract is being completed, and a contract number.
While the invoice is the most obvious example of a Templated Bill of Sale, there are several other examples. The invoice template is used when a client makes a purchase, but you need to make an initial invoice. The service manual contains instructions for selling a service, product, or asset that has an invoice.
A business plan can also be considered a Templated Bill of Sale since it serves two purposes. It details the business operations of your company, and it outlines how you will collect payments from your customers. The business plan will usually include details such as several potential customers, the type of products or services they are looking for, and the fees associated with those products or services. Once again, the template is the best tool for keeping your business plan organized.
An employee manual, on the other hand, is used in more situations than a template can, as in the case of an administrative worker in an office building. They would generally be used for software maintenance, not actual inventory. Using an employee manual, or a template gives the employee a place to list their duties and outlines how much they are paid to do each task.
Finally, a purchase agreement is used when a buyer and seller want to complete the transaction before it is finalized. If you are selling a service, product, or asset, this is a useful document. It will outline exactly what your customer needs to purchase, and how much they will pay you.
Templated Bill of Sale templates should only be used for a quick list of potential clients, and they should be avoided in every situation. On the other hand, if you use a template, you should consider making sure that the template is long enough to list all the major aspects of your business. This way, if you have a hard time remembering what all the parts of your business are, you have plenty of room for further customization.
Templates can be very helpful and will help you create your template. However, they can also become a liability if you are not careful and leave out important details or confusing details. If you find yourself using a template, take the time to read over the document and make sure that it is easy to understand, and that you are familiar with all the information it contains.