ADDITIONAL COSTS TO BUY A BUSINESS

Beyond the Purchase Price

This is a partial list. Not all, or perhaps more, may be required, depending on the type of business and local regulations.

$10.00	To the State of Oregon, Corporation Division to: a) Register a business name, if it is a new name. b) Or, amend an assumed business name that you are buying
$2.00	Extra for every county in which the name is to be registered
$50.00	To the State of Oregon, Corporation Division if forming a new corporation
$40.00	To the State of Oregon, Business Registry, if forming a domestic limited liability company or domestic limited liability partnership.
$__________	First month lease payment plus deposit
$__________	Liability insurance premium
$__________	Property insurance premium
$__________	Industrial accident insurance premium
$__________	Personal life insurance premium, if required by the purchase or loan agreement
$__________	Disability insurance premium, if required by the purchase or loan agreement
$__________	City or County business license
$__________	Prepayment for Workmen's Compensation
$100.00 +	Minimum bank deposit for business checking account
$__________	Attorney fee; typically $2-5,000, but varies with the complexity of the transaction
$__________	CPA fee, typically $2-500, depending on the involvement of the CPA
$__________	Prorated expenses shared with the seller, such as utilities, CAM charges, lease payments, escrow charges
$__________	Reprogram Visa/Mastercard terminal, or, lease a new terminal

	For further information contact: Jim Wikander