One of the drawbacks of harvesting by withdrawing cash flows slowly is that the owner must seek out a buyer for the eventual sale of the business.

Question

Quizplus · Accepted Answer

Harvesting by withdrawing cash flows slowly is a strategy where the owner takes profits out of the business over time, rather than seeking a buyer for the business. This approach does not necessarily involve the eventual sale of the business, as it focuses on income extraction rather than asset sale.

One of the Drawbacks of Harvesting by Withdrawing Cash Flows