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 Cheque
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
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Neither Financially Simple, LLC nor its affiliates offer tax or legal advice. Interested parties are strongly encouraged to seek advice from qualified tax and/or legal experts regarding the best options for your particular circumstances. Justin Goodbread, CEO of Heritage Investors, LLC, a Registered Investment Advisor, is an Investment Advisor Representative who offers advisory services through Heritage Investors. The information contained within the podcast is for informational purposes only and not considered investment advice. Seek help from a competent Financial Advisor.