Backyard deer hunting

Inexpensive food from the outdoors

Avoid Financial Disaster when Selling Your Company

leave a comment »

Create Your Own Job Security

Hovey with Tennille Bank frontIs selling your company going to reward you financially or leave you with a bankrupt company and debts that you cannot repay?

Thus far your entrepreneurial enterprises have gone well. You started a company, made it a success, ran it for decades and now would like to cash out to move on onto something else. You have solicited offers and some have been received. How to you evaluate which one to accept? A range of options are offered. These include:

  • Cash Purchase with A One-Time Payment
  • An Initial Payment with More Being Made over A Period Of Years
  • No Initial Payment with You Awarded Stock in the New Company

These are three end points that might include more incentives such as continuing health insurance, your receiving retirement benefits along with your cash settlement, housing, a consulting contract, salary during a transition period of months, hunting rights on company owned properties…

View original post 977 more words

Written by hoveysmith

March 1, 2019 at 10:00 pm

Posted in Uncategorized

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

%d bloggers like this: