What Needs to Be Paid Off Before You Sell
Selling your company is almost always an asset sale. So one of the discussions I always have with owners is about understanding and paying off debt when you sell. Getting your financials in order is part of getting ready to sell, of course, and a buyer must have a clear understanding of any outstanding debt or loans before the final sale price is negotiated. It may be more complex than it seems at first glance. A good example is the [...]