Jan wants to sell his business but the bank will not lend the buyer enough money.Between personal savings and the bank loan, the buyer has about 70% of the asking price.Which of the following options would be best for Jan in this situation?

Question

Quizplus · Accepted Answer

Offering to finance the remaining 30% and accepting payments over the next few years would be the best option in this situation, as it allows Jan to sell his business and receive some form of payment for it. This also shows the buyer's commitment and willingness to make payments over time. Additionally, if Jan does not necessarily need all the money immediately, financing the remaining amount could potentially result in a higher overall profit for him.

Jan Wants to Sell His Business but the Bank Will