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When selling a small business what are the key issues to be considered by the seller?
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PaulAHalasJr
Peterbronz Answered question
Price is a big element. What price will you receive and is that amount paid in a lump sum or over time. If you are receiving part of the money over time then you need confidence that the buyer can perform. How long will the transaction take to complete. If it takes a long time its usually harder to complete. Again if selling over time will the customers stay? What will you do with the funds your receive? Will you continue to earn a living? Do you have agreements that require your performance. Did you personally guarantee anything?
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