As brokers we will always try to get a contract of sale done once the offer has been accepted by the seller.  This will be drawn up by our Solicitor and then signed by both seller & buyer. This secures the business with conditions like -Subject to Finance – Subject to a Du Diligence,  This gives the buyer time to evaluate the business to make sure they are happy with the purchase as well as your Accountant & Lenders are happy for you to go ahead.