Chris McIvor

Blog Bite: Using promissory notes to purchase or sell a business.

May 15, 2018

This article posted on our partner site Mondaq.com discusses how promissory notes can be used in the purchase or selling of a business. They are a way to make payment for the transaction over a period of time, to reduce taxes, and but they also produce a collection risk.

Promissory Note

Written by Chris.