Question added to topic Grow Your Business • May 19, 2008
How can I get rid of a small business that I don't want to be in?
My father-in-law has willed me his small business where I am to own 49% of the business. His widow owes 51% of the business. I do not want to be in this business partnership, so what do I do?
Great question with a simple answer: You can sell the shares to his widow on on vendor finance, instead of paying you up front.