Understand The Facts Before You Sell Your Small Business

The difference between immediate payment and phased payment is that

, in full payment, the total amount is paid as soon as the sale has happened against the installment payment where payment is done in each installment. Installments may be the preferred payment method of the purchaser. If the buyer is unable to keep up with the payments, then the risk is entirely on your shoulders. There are purchasers who will desire to pay in installments based on their profits, in which even you could be under contract to remain with the business for an extended period.

Understand The Facts Before You Sell Your Small Business

By: Terry Filkins

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