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...
