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Often during an economic down-turn or other troubled times – when “Corporate America” is struggling with decreased revenues, corporate layoffs can generate the “job finder”. These replacement job buyers are in the market to buy their own company and replace lost income. These individuals may possess no knowledge of a business or industry, and may only be looking to satisfy a particular income requirement.
This type of business buyer may require a longer period of training. George and Company will negotiate the proper compensation package for both parties during this period. This buyer may not weigh the burden of management as much as the ability to generate a livable income doing something they believe they may enjoy.
For any assistance during a merger or acquisition, contact the seasoned professionals at George & Company.