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Cash Out (accounting)
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In an October 1998 issue of "Fortune Magazine" in the finance section, an article entitled "Cash Out on Your Own Terms" speaks about a relatively old concept refined for a new market. In the centuries past, wealthy landowners would allow working farmers to live and work on their land and tend the crops and cattle for a portion of the goods and ma ....
Middle of paper ....to cash out but at the same time keep management control of their company and the Heritage system allows them to do that and help them grow the business too.
Investing in family businesses and then letting owners keep control of their companies after the sale is a novel concept but it’s risky. Heritage Partners plan gives cash to owners whic.... |
Word count: 975 |
Page count: 4 |
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