If you had to sell your business tomorrow, how would it fair? How can you know the way your business is positioned in the market? What follows are Dennis Zink's 10 questions you should ask when buying or selling a business.
Many businesses want to ensure their continuation when an owner becomes disabled or dies. This is accomplished when the surviving business owners or the business itself purchases the deceased or disabled owner’s business interest. The agreement to sell and then buy the business interest when a triggering event occurs; is accomplished with a contract known as a buy-sell agreement for business.