Pitfalls Around Earnouts (and Why They Rarely Payout)
By George Deeb Takeaway: “The devil is in the detail, in terms of how an earnout gets written.” What Is an Earnout? An earnout is a financing arrangement for the purchase of a business in which the seller finances a portion of the purchase price, and payment of this amount is contingent on achieving a predetermined level of future […]
Tip For Maximizing Business Value
Tip #25 Burying excessive personal expenses in the business financials can lower business value! The most popular method of valuing a business uses a multiple of earnings over a period of years. Business owners should be aware of that while attempting to reduce the bottom line with personal expenses to minimize taxes. Though there are […]
Planning Department
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