Asset schedule

Definition

The list attached to the purchase agreement naming what actually transfers.

Why It Matters

Everything you assume comes with the business either appears on this list or does not come. The phone number the customers dial, the domain, the review profile, the social accounts and the tools in the van are separate items, and each one stays somebody else's property until the schedule says otherwise. Sellers rarely withhold them on purpose. They forget, or the number lives in a personal mobile account nobody thought about, or the reviews are attached to a login the bookkeeper set up. Walk the schedule against what you watched the business actually use, and ask who holds the login for each line on it.