07 Sep Business Exit Stories: How the IRS Can Kill a Deal Without Breaking a Sweat
A business owner’s lack of transparency with his M&A Advisor ended up taking his business sale from a sure deal to zero and the IRS killed this deal without breaking a sweat.
A buyer walked away from a deal allowing the seller to re-sell the business again in a matter of months and keep all the sales proceeds from the first deal in a practice called double dipping.
If you are growing your business through acquisitions, regardless of how messy an acquisition is, these can become your most profitable deals.
Taking reasonable risk in selling your business can turn out well for all parties if you manage this type of risk prudently.