Over 26 years experience in building meaningful connections to help your business flourish

Working in the business you sold during an earn-out period

You hear about it so many times when directors and business owners sell a business but as part of their agreement they have to remain in the business for a specific length of time. Beyond Law Group explore the situations that can arise.

In these uncertain times ascertaining precise valuations can be challenging so very often we see exit transactions involving some form of deferred consideration or earn-out mechanism to ensure business performance matches sale price. Here, Piers Dryden discusses how an outgoing management team can remain involved in the business and looks at the advice of previous clients on how best to deal with it.



Edmondson's Professional Services Ltd trading as The Business Network South Manchester. Company No. 11301014.
Registered Office: 10 Broomfield Lane, Hale, Cheshire, WA15 9AQ. T 0161 503 5000
Copyright © Partners, Mr R Bennett and Mrs H Bennett (Trading as The Business Network) 1993-2024. All Rights Reserved - The Legal Information