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วันเสาร์ที่ 4 กรกฎาคม พ.ศ. 2552

6 ways to reduce liability from the sale of your business

 Copyright 2006 John J reddish

 I once with a man who was in the first years of retirement. It was a success, and sold his company had transferred to a "mutual rhythm" as he called it. His only concern is the following: they had three years of payments following the sale and the company has not happened, and felt that bad company had worked hard to kostenosruire suffering.

 About a year later I saw him again. Expected tired and nervous. It seems that society is worse and he had problems telescope. Not only was he always the balance of the purchase price, but the creditors had informed the company that it would be for him to pay part of the rental and lending.

 I asked him how he had come and told me unNunca forgotten history. He said that his "buy-out" Conduitfaire of society by a verschil with their partner about their finances and future direction of society. Unable to reach agreement in a form invoked their buy-sell agreement. Unfortunately, the original company of the counsel s not for this agreement was an "I'm tired of you and want!" valuation of stocks and repurchase plan.

 Decided would be fair for a partner to name a price and the other to pay or accept (dieis often règleRussie  ta "option). They also agreed to more than a year with an initial payment of a lump sum distribution. They closed the transaction and the seller his money and retired. Once the amount is paid, but the company stripped of most of their money and began a downward spiral.

 As part of the purchase, sale and partners have agreed to indemnify the seller of a claim of more than purchase price. Ensure that all taxes and aTHERE accounts payable and parted amicably. Unfortunately, they neglected certain loans and leases which he personally guaranteed repayment. Not the seller of loans and leases vulnerable when society has reached a point where it is unable to pay. And since the company nfue meet its obligations, the buyer of the compensation, but offers little protection. What happened to the seller to ask  the company to recover attorneys' fees and other costs, with little comfort.

 This is a very short retirement.

 Although this example is the horror of the shell companies, all problems were taken from a real example. And as the example of two equal partners in a company, these conditions can cause problems in the market, the family and the transition to pensioen.De challenge for any supplier des'assurer they really are and to protect against possible restrisico after the sale as good as I can.

 Protection against:

 1. Make sure that all documents and agreements for contingencies likely to face are regularly updated;

 2nd course of a purchase agreement and insurance offered in their place and are ongoing;

 3rd Check all loans, leases and other paramilitary Make sure your name or have been removed as guardian of the obligation at maturity and not transferred to new obligaties (a common practice in a number of financial institutions), and the introduction of measures to ensure sufficient funds to make payments through the maturity of the obligation in the event of contingencies;

 4Persona / company purchased the interests of ensuring that no financial resources to ensure success in the LONgTerma, or at least to survive;

 5 In support of everything in writing and

 6. Make sure that no financialsuccess while you are owed more than $ 1.00 per sale, that standard can not be claimed for a failure, and there are enough teeth to cualquierdifettodisposizione the opportunity to fight against the company for health and hold back.

 Ultimately aucuneGarantie 100% against loss if a company is not sold before payment to the seller. Taking precautions and documents of agreements on the way, but making the right  decisions on business and less headaches in the event of problems.





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