November 2014 | Greater Cincinnati Automobile Dealers Association

November 2014

Back to News Archive 

EARNOUT PROVISIONS MAY GIVE BUYERS ASSURANCE

Frank J. Panzeca – CPA Shareholder –Link to original article

Businesses in some parts of the country remain difficult to sell in the current economy, even in an up market for auto dealerships. And negotiations between buyer and seller can be tenuous in any economic environment.Adding an earnout provision to a purchase agreement can smooth out a rough road and give the buyer extra incentive to “take the plunge.” Read More