The Second Most Important Number in Any Agreement to Sell Your Small Business

Working capital, for those of you, and this may be taking it up ale bit more generally, is the second most important number to to think about in any agreement to sell your company. Most stock share purchase agreements say how much cash you need to leave in the company when you hand over the keys. That's an area of interpretation that needs to be worked out well in advance of agreeing to any letter of intent.