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Next update... we now have another company in the mix. We're moving along fairly quickly, and I'd way rather sell to them than the original company for many, many reasons. In fact I would take less money to sell to them. Now we have to juggle the timing of the offers. Company #1 asked for...

My dad was hit by a car while he was riding his bike, age 75 in 08. I had to click on the map to see, and it was there on the correct intersection. Kind of weird seeing it like that, makes me get a little teary.

Hope all goes smoothly for you. I'm also selling my biz, and a second company just got involved. Making for some interesting times. Make sure you post when it goes through!

The county I live would be classified by most of you as rural. We're about 45/hr outside DC. However, we're constantly ranked one of the wealthiest per capita counties in the country. I pop in and out of DC, but don't work there. When I dropped my daughter off at a friends house in McLean...

Still working, hoping to ER Jan/Feb or at least take a long break. We have two teenagers 17 & 15. In July we moved the oldest childs 529 into cash, left the other one as is. We didn't want to lose any money for college next year. I haven't changed anything else - just plugging along as...

After hosting 20 something for Thanksgiving, including sleeping over, I came up with a fun plan to get everyone up and out the door in the morning. We went to the National Harbor Center for breakfast then to see the Ice! exhibit. Conveniently located on 95, all the guests could then head...

I've gotten sick to my stomach and major anxiety attacks over the employees. Here I am interviewing for some open positions and in 2 months I could be telling them we've been sold. There are a few we're very close to, one is a relative! I do believe they'll all be kept on, but I can't...

I haven't slept since August myself. I'm selling a business and dealing with ds applying to college at the same time. We're negotiating being consultants, not employees. I can't imagine they'd want us around too long afterwards. Do you have employees? How much if anything do they...

z-d-g I hope to be behind you in two months. However, what we've decided if it actually happens is to take 6 months and not even contemplate what to do next. We're both exhausted and stressed and I think we really need a bunch of unstructured time. We plan at the 6 month mark to start...

We bought our house in 2006 and since then has gone down in value every year. We've been paying it down, and we now owe less on it than what it's worth. I don't even want to pay the house off anymore. My kids are in hs now. One thing I know about college, you pay a small fortune but kids...

I don't think you can know when you are decades away from it. A friends husband just passed, with 2 teen daughters. He knew he was terminal for years. In the end, he chose to go and stay at the local hospital so that his wife and children could stay and visit, and "professionals" could manage...

I own a medical billing business. Sometimes months later the insurance company will refigure the fee paid, sometimes lower, sometimes higher. Sometimes they initially deny and say it's deductible, copay, not a covered service, and we bill the patient - then months later they reverse the...

I'll be Martha Stewart this year. There will be 22 of us, both sides of the family. I rented tables and chairs and we move out the living room furniture and all eat in there. Main meat is turkey, turducken and ham, plus I do appetizers, cocktails, soup, tons of side dishes, desserts -...

You can't prove a negative. I often wonder about people who sit on boards of neighborhoods. We once owned a townhome with a deck that was there when we bought it and built by the builder. They would continually send us notices about it. Thankfully we were able to prove we bought the place...

Sue, you don't know me and I'm not a frequent poster, but I am sorry to hear about your mom and your dad. My dad died a few years ago, and your comment about waking up crying brought back memories for me. I remember wondering 6 weeks later if there would ever be a day I wouldn't feel broken...

I own a business in MD. All you need for MD is your tax id number, and a business/traders license that he can get at his local county courthouse. If he has employees living and working say in VA, he'll have to set up employment taxes in that state with a payroll service, or do it himself...

I've been on a roller coaster with our company. About 8 years ago we really hit hard times with it and it was a really scary time. Time felt like my enemy. We crawled our way out by paying down debt as quickly as possible and putting a savings plan into place. I was worried about not being...

While I have no issue with the multiplier, it's how they come up with the ebita that's up for discussion. A bean counter can low ball anything in their favor. You don't just look at w2's, you should look at tax returns as many small businesses don't run all money through payroll like a regular...

Things got interesting again. Renegotiated and their next offer came up substantially to where I think we can begin discussions on final numbers. I guess the low ball is just the megacorp way, just not how I do business. So we wait and see.

I may very well be joining this crowd. Looks like we'll be selling our business in the early part of the year, and part of the deal is working for the buyer for 6 months as a consultant. Not looking forward to that part. However, the goal will be for us to take a vacation for 2 weeks in...

Just for the record, I never blink an eye at vacation. Some people I have to force to take their time, others use it up within moments of their new year. I take vacation, I expect everyone needs to. This large company we're in negotiations with want us to work for them and want to give us a...

I'm saying from a business perspective, not personal. It's hard for a business to run with people gone.

As a business owner I don't see how I could survive with people taking an entire month off at a time. How does your job get done when you take off 8 weeks a year? I wouldn't have a person who is out that much handling critical projects. I give 2 weeks vacation/1 week "leave" and every...

Hi Dave! I'm new around these parts as well. Given you being single, and having health concerns, I can completely understand the desire to get your house paid off asap. Years ago hubby and I lost everything, our house, all our savings, etc. The homeless guy on the street had more wealth than...

Grizz - I agree. I just said I was done. However, if dh needs to do it to be able to move on, then I'm okay with that. I have a new employee starting tomorrow so I won't even be around during the call. We recalculated our goals without selling the business, and we figured we're on a 7...