EPISODE · Nov 1, 2021 · 14 MIN
13. Just the one thing. Know when to cash out or walk away
from The Sounds of the Baskerville · host Thesolvers.com.au
Everyone knows business can be risky as well as rewarding. But how long do you 'stay in the game'? when things have gone well. So when is the right time walk away with what you have won through hard work?This week we take a look at a social media content maker who realised too late she should have taken a sizable cash offer and 'run'. Case two highlights the importance of receiving as large an upfront and controllable asset or payment you can when your company is purchased. Beware the earnout or multi-year buyout. Once again great insights from businessman, insolvency practitioner and great communicator Chris Baskerville. Case studies shared with sympathy and passion from someone who wants to help others avoid mistakes and get a better business outcome.
What this episode covers
Everyone knows business can be risky as well as rewarding. But how long do you 'stay in the game'? when things have gone well. So when is the right time walk away with what you have won through hard work?This week we take a look at a social media content maker who realised too late she should have taken a sizable cash offer and 'run'. Case two highlights the importance of receiving as large an upfront and controllable asset or payment you can when your company is purchased. Beware the earnout or multi-year buyout. Once again great insights from businessman, insolvency practitioner and great communicator Chris Baskerville. Case studies shared with sympathy and passion from someone who wants to help others avoid mistakes and get a better business outcome.
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13. Just the one thing. Know when to cash out or walk away
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