Whatever the negotiating skills of the respective parties, harvesting a company requires a
A) business broker.
B) promise of positive cash flows.
C) precise valuation formula.
D) willing buyer.

Question

Quizplus · Accepted Answer

While a business broker and a precise valuation formula can certainly assist in the harvesting process, the most essential element is a willing buyer who is willing to pay a fair price for the company's assets. Without a buyer, the process of harvesting is essentially meaningless. Positive cash flows are also important but do not necessarily guarantee a successful harvest.

Whatever the Negotiating Skills of the Respective Parties, Harvesting a Company