---
title: How to transfer business ownership [video]
description: The JPAbusiness Business Transfer Checklist is designed to help both vendors and buyers ensure they have all the information needed for a smooth transfer.
image: https://blog.jpabusiness.com.au/hubfs/Business%20Transfer%20Checklist%20image%20001.png
---

 03 March 2020

# How to transfer business ownership (video)

WRITTEN BYJames Price | JPAbusiness

![chalk drawing of a flow chart with a hand pointing](https://blog.jpabusiness.com.au/hs-fs/hubfs/chalk-company-conceptual-533189.jpg?width=1000&name=chalk-company-conceptual-533189.jpg)

There are many important **issues a vendor needs to deal with in the transfer process leading up to a business sale settlement.**

The last thing anyone wants is a handover whereby business performance is negatively impacted by transfer issues not planned out ahead of time and dealt with appropriately. These issues may include:

- staff entitlements and employment contracts
- managing key customer and supplier relationships and communication
- transfer of registrations and insurances on P&E
- work in progress
- final stocktake
- premises lease transfer.

 

We created the Business Transfer Checklist to help both vendors and buyers achieve a smooth transfer.

[![Business Transfer Checklist front page](https://blog.jpabusiness.com.au/hs-fs/hubfs/Business%20Transfer%20Checklist%20image%20001.png?width=400&height=404&name=Business%20Transfer%20Checklist%20image%20001.png)](https://blog.jpabusiness.com.au/hubfs/2.%20Documents/2.%20Templates,%20checklists/jpabusiness-business-transfer-checklist.pdf)There is quite a bit of interplay and overlap between the issues, but for the purposes of the checklist, and its associated **[ebook,](https://blog.jpabusiness.com.au/seller/how-to-manage-a-business-ownership-transfer) **I separated them into seven categories:

- **Employees**
- **Financial**
- **Customers**
- **Suppliers**
- **Stock**
- **Legal**
- **Other**

The **[checklist](https://landing.jpabusiness.com.au/business-transfer-checklist)** is **designed to help vendors** ensure they have gathered all the information needed for a smooth transfer process.

It **can also be used by purchasers** as a checklist of issues that need to be settled before handover.

If you’re in the process of buying or selling a business, I recommend you download the **[checklist](https://landing.jpabusiness.com.au/business-transfer-checklist) **and use it to help ensure the transfer process runs smoothly and value is maintained for all parties involved.

If you would like support to manage a business ownership transfer, or any part of the business transaction process, [contact](https://landing.jpabusiness.com.au/contactus) the team at JPAbusiness.

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Topics

- [buying a business ](https://blog.jpabusiness.com.au/blog/topic/buying-a-business)
- [business transfer ](https://blog.jpabusiness.com.au/blog/topic/business-transfer)
- [video ](https://blog.jpabusiness.com.au/blog/topic/video)
- [checklist ](https://blog.jpabusiness.com.au/blog/topic/checklist)
- [selling a business ](https://blog.jpabusiness.com.au/blog/topic/selling-a-business)
- [business transfer checklist ](https://blog.jpabusiness.com.au/blog/topic/business-transfer-checklist)

About James Price | JPAbusiness James Price has over 30 years’ experience in providing strategic, commercial and valuation advice to Australian and international business clients. James’ blogs provide business advice for aspiring and current small to mid-sized business owners, operators and managers.

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