Search results

Regarding selling a business, has anyone ever been involved with an Earn Out Agreement\Contract as part of the transaction? If so, can you share your experience?

I'm a 51 year old small business owner of 12 years. I currently have approx. $250,000 in my IRA with 65% in cash@4.85% from stock sale proceeds and 35% in a strong co. stock paying historically strong dividends that I spent 16 years in their employment so I'm comfortable with that.I've been...

I'm posting this here hoping for some input. The Other Topics forum wasn't very responsive. How this works out will have a bearing on my FIRE. Thanks! In another post http://early-retirement.org/forums/index.php?topic=13815.0 I inquired if anyone has ever sold a business. My new question is...

In another post http://early-retirement.org/forums/index.php?topic=13815.0 I inquired if anyone has ever sold a business. My new question is, what are the tax consequences of doing so. From what I can read capital gains will apply to some of the sale. If the business sells for $135000 after...

I lurk here mostly, but over time I see alot of wisdom here I respect. Briefly, I own a retail business that I established in 1995. It's been fairly successful I guess since we're still here. Not a big money maker but has paid a decent middle class salary and perks over the years. Well, I've...