Chapter Twenty. Cashing Out
Now that you’ve done all sorts of wonderful things to improve your business profitability, it is time to reap your rewards. The decision point with regard to selling all or part of an individual position in a company is primarily a function of two things:
The seller’s desire to move cash into a personal estate and to try a new and fresh endeavor
The desire to improve the condition of the business from profitability and growth-potential standpoints
Obviously, the optimum time to cash out is when the business is doing well, has prospects for continued growth, and the owner has a desire to cash out, move on, or retire. An interim position would be a merger with a combination of a partial cash-out and your continued participation ...
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