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How I Bought A Multi-Million Dollar Egg Carton Business For $0
My First Million
**Sellers notes **
A seller's note was important to the author as an alternative to involving investors. They defined the seller's note as a way to finance the remaining payment over time. The author argued that if the business was as great as the seller claimed, they shouldn't have an issue with it. The author's friend added a condition to forgive the note if the business performance dropped dramatically. The author kept the agreement simple due to the sellers' lack of formal education but business success.
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