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The equity piece is the key. If you sold for a lump sum you're all out and happy. But I imagine if you sell for a monthly payment, you're still emotionally atta
by treelovinhippie 6y ago
The equity piece is the key. If you sold for a lump sum you're all out and happy. But I imagine if you sell for a monthly payment, you're still emotionally attached.
Would suck to check on how the business is going and regret your decision to sell for a monthly payment with no equity.
- hayd 6y agoIt does depend how unscrupulous the buyer is... you may end up being cheated out of your equity. That said, I like the cash-equity split without the condition of working on the project further yourself. It gives an incentive for the seller to not disappear/become uncontactable...