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Scott Bushkie column: Don't buy or sell if not 'in like' with business partner

9:38 PM, Feb. 8, 2013
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Valentine's Day is coming up, so it's a good time to talk about liking your partner - your business partner that is. When it comes to selling a business, both parties need to ensure there is a good personality/cultural fit.

If you're a seller, and your buyer is an individual, do some research on the buyer. Have them provide a personal financial statement or a letter from their lender confirming they have resources to complete a deal of the size contemplated contingent upon specific terms of the deal. (Ideally your adviser will do this upfront work for you.) If your buyer is a company, check around, ...

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If you've ever answered "Who has the ball?" with "It's halftime," you might recognize The Airhead. Check out the characters in our cartoon gallery of oddball fans.

Special Reports