Category: Liability

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February 12, 2018

Post-Closing Business Seller Liabilities When Transferring A Company

By Jeremy Albelda

Approximately 8 out of 10 businesses fail within the first 18 months; only 4% make it to $1M in revenue and only 0.4% to $10M, according to Forbes. Thus, for any business owner having succeeded among the 500,000+ businesses started each year and come to the point where they are ready to sell is an…