Family Office Definition: Up-Front Cash Sale
Up-Front Cash Sale definition: When business owners sell ownership in their family business in exchange for cash up-front. As opposed to an earn-out sale, the business owners’ compensation is guaranteed at a fixed amount, but they no longer benefit from future growth in the business.
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| When business owners sell ownership in their family business in exchange for cash up-front. As opposed to an earn-out sale, the business owners’ compensation is guaranteed at a fixed amount, but they no longer benefit from future growth in the business. |
