Buying the Business Where You Work

First understand the tax implications and determine what the business is worth. Then take the time to know your options in terms of financing the deal

I am negotiating with the owners of the business where I've worked four years as business manager. I want to purchase the business, and they want to sell to me. I want to do an up-front cash payment, a term loan, and a portion of the total purchase price tied to future performance of the company. Do you have any suggestions?

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