Points – Business Broker Terms – Free Consult

In a merger and acquisition deal involving a manufacturing company in Miami, Florida, a post-closing working capital adjustment was integral to the final agreement. The Business Broker helped establish a target working capital amount that the selling company was required to maintain through the closing date. Upon closing, an audit revealed that the actual working capital exceeded the predetermined target. Consequently, in accordance with the terms of the deal, the purchase price was adjusted upward, benefiting the seller for effectively managing the company's assets up to the transition. This adjustment ensured fairness and financial transparency, aligning the final terms with the actual financial condition of the business at the time of sale. When business owners begin to ask questions, like: Can I sell my business? What's my business worth? Who could help me sell my business? And how do I get a good business Valuation? Legacy Venture Group's Tampa Bay Business Brokers love to help provide answers. We have tried to take the time to give examples for each of the definitions in our database. But we always recommend that you always check with a qualified attorney when you are unsure, as well as an accountant when you not sure about the numbers and you're looking to sell a business