When buying a business, minimize your total cash outlay and future tax liability by carefully classifying the efforts of the seller post-closing. In most instances, when buying a business, you will require the seller to remain with the business in some capacity and for a specified period of time while you become acclimated to the [...]
Tags: Buying a Business
When selling your business you can maximize after-tax proceeds by including the value of training and/or consulting in the value of your non-compete agreement. In most instances upon the sale of your business the buyer will ask that you remain in some capacity with the business (for a specified period of time) to train him/her [...]
Tags: Selling a Business