Home

Selling a business for $10mill
Previous  1, 2
 
Post new topic   Reply to topic    Forum -> Household Management -> Finances


View latest: 24h 48h 72h


amother




OP
 

Post Fri, Aug 27 2021, 9:48 am
Thanks everyone! I will set up a meeting with a financial advisor before we think about continuing.
Back to top

amother




Pearl
 

Post Mon, Aug 30 2021, 2:50 pm
OP I hope if the deal is in your best interest it goes through it should be with a lot of hatzlacha.

Just want to point out that you should try to find a financial advisor that's a tax advisor as well, and you should do so before you go into contract or sign any binders if possible, because there are ways to structure the deal that can save you in taxes.

Any of you can recommend financial advisors?
Back to top

amother




Tulip
 

Post Mon, Aug 30 2021, 3:20 pm
OMG, so get a financial advisor, good accountant and an attorney asap. Two kinds of attorneys that could be helpful is one that focuses on corporations, mergers & acquisitions. The other kind is an estate planning attorney who can work with you on your personal planning, in addition to a financial advisor (and sometimes, in lieu of). A solid accountant is 1000% a must. Round out your professional team so you have the advice you need instead of, as another ima said, a bunch of women on the internet with ideas/opinions.
Good luck!
Back to top

amother




Burgundy
 

Post Mon, Aug 30 2021, 4:09 pm
Have the funds transferred to an off-shore account in the Maldives! It's the only way to protect your assets.
Back to top
Previous  1, 2 Recent Topics

Page 2 of 2 View latest: 24h 48h 72h


Post new topic   Reply to topic    Forum -> Household Management -> Finances

Related Topics Replies Last Post
After business hours
by amother
11 Yesterday at 1:10 pm View last post
Small business owners promoting "big" businesses
by amother
4 Mon, Oct 18 2021, 4:00 pm View last post
New Business-Advice
by Oldest
2 Mon, Oct 18 2021, 2:17 pm View last post
[ Poll ] New poll! Help with business name win a pc of jewelry!
by amother
222 Sun, Oct 17 2021, 12:05 pm View last post
by sub
Selling on Amazon
by amother
10 Fri, Oct 15 2021, 11:02 am View last post