by johnireland | Business Builder
An owner says the business sold for four million. What actually completed was two and a half, with the rest depending on profits over three years. That is an earn-out, and it appears in a large share of private company sales. Why they exist. Sellers price on what the...
by johnireland | Articles
An owner agrees to sell for four million pounds and tells everybody the business sold for four million pounds. What completes on the day is two and a half million. The rest depends on profits over the following three years, calculated in a way that takes four pages of...
by johnireland | Articles
Most people who decide to get fitter in their fifties start by doing more cardiovascular exercise. They walk further, buy a bike, perhaps take up swimming. All of it is worthwhile. None of it addresses the thing that most determines how the next thirty years will...
by johnireland | Articles
Of all the decisions involved in making a Will, this is the one that stops people. Fees, Executors, even the division of an estate are dealt with briskly. Then the question arrives — who would raise your children if you and their other parent could not — and the...
by johnireland | Articles
For decades, Business Property Relief was the quiet reason many family companies passed from one generation to the next without being broken up. Qualifying business assets attracted 100% relief from Inheritance Tax. The value did not matter. A trading company worth...
