Repossessing Your Business After a Sale: Not as Bad as You Might Think
One common fear among business sellers considering seller financing when selling a business is the possibility, no matter how slight, that the buyer will default on the seller’s note and they will have to repossess the business and go through the entire sale process again. It’s a fair enough concern. After all, if you DID want to take […]
Seller Financing series of articles: Taxes, “Bad Books,” and Bridge Loans
Before you make any decisions on how to structure the sale of your business, educate yourself on the tax consequences, and several tried and true methods of minimizing the amount of taxes you must pay on your sale proceeds. Take some time to meet with your CPA and your business broker to create a plan for payments by the […]
