Chris McIvor

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

May 15, 2018

This article Canada: Terms of the Deal: Both Price and Terms are Important 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.

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Promissory Note

Written by Chris.