Feb 26, 2018
In episode 29 of Financially Simple, Justin goes over the different ways you could be paid when you sell your Business.
When the deals have been made, there are a number of ways for you to get paid by the Buyer. Justin looks at each method, from the big check to being employed by the Buyer, and considers the pros and cons of each.
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00:32 - The Ways You’ll Be Paid for Selling Your Business
01:34 - The Big Check
02:49 - Stock, ESOP
05:32 - Stock, Maintain Stock in the Company/Buyer’s Company
08:03 - Earn-Out
12:31 - Promissory Note
18:41 - Employment
22:37 - Recap
For more in-depth reading about this podcast series, pick up a copy of Justin's new book: The Ultimate Sale
Justin A. Goodbread, CFP®, CEPA,
CVGA, is a nationally recognized financial planner, business
educator, wealth manager, author, speaker, and entrepreneur. He has
20+ years of experience teaching small business owners how to
start, buy, grow, and sell businesses. He is a multi-year recipient
of the Investopedia Top 100 Advisor and 2018 Exit Planning
Institute’s Exit Planner Leader of the Year.
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