There are many stories of partners, investors or spouses showing up right before closings or even at closings to express their opposition to the sale.
Obviously, in those situations there are existing conflicts which have not been worked out between the parties.
In the early stages of planning the exit of a business, the majority owner must make sure everyone agrees that they are willing to sell at an agreed upon price and terms and will be willing to sign the closing documents.
|Michael Marks, creator of Toons ‘n Tips, is a Certified Business Intermediary (CBI) and has over thirty-six years of business experience and ownership. He is a licensed real estate broker in the state of Colorado and has been selling businesses for over eighteen years. Michael has taken up cartooning as a hobby in recent years and has found that by using those skills, along with his extensive business experience, he has been able to create the Toons ‘n Tips drip marketing service for clients all over the country. Find out more about Michael at www.toonsntips.com.|