subject
Business, 19.02.2021 16:30 angelinaviera09

Many years ago, an acquaintance of ours who we'll call Billestablished a soundproofing business in Brooklyn, New York, withhis friend Stan. It had the usual rocky start faced by most newbusinesses getting it established required a lot of hard work butafter 20 tough years Bill and his partner were at last happy withwhere their company stood. It had grown; it was successful; andtheir key employees were skilled, loyal, and reliable. Theunremitting stresses and strains of owning a small business hadeased. Bill, an active and restless man who liked challenge and change, now worried about becoming complacent and losing his edge. Taking a proactive look at his situation, he began to evaluate hisneeds and concluded that he wanted to sell his half of thecompany. He thought he might go on to launch a new business ofsome kind. He shared his thoughts with Stan, and Stan indicated awillingness to buy Bill out. Then Bill started thinking about how to price his share of thebusiness. He knew that the company was worth $1,300,000, givinghis half a value of $650,000. But he felt that was much more thanStan could afford. He decided, tentatively, to set the price at $400,000. When he talked over his intentions with his wife, Marie, and their three grown children, however, they expressedconsiderable discomfort with the course he was considering. Theyremembered vividly, even if Bill himself didn't, the grueling tolltaken by the long hours and high stress of the early years spentestablishing and building the company. Was he really ready to gothrough that again at age 57?

ansver
Answers: 3

Another question on Business

question
Business, 22.06.2019 23:00
The discussion of the standards for selection of peanuts that will be used in m& ms and the placement of the m& m logo on the candies speaks to which building block of a sustainable competitive advantage:
Answers: 1
question
Business, 23.06.2019 01:00
What are the benefits of different types of career education, like community colleges, vocational training programs, and four-year colleges?
Answers: 3
question
Business, 23.06.2019 02:00
In 1948, the president of the united states earned a salary of $75,000. in 2000, the president earned a salary of $400,000. knowing that the cpi for 1948 is 24.1 and the cpi for 2000 is 172.2, convert the 1948 salary to constant 2000 dollars. when comparing constant dollar amounts, whose salary was worth more--harry truman, president in 1948, or bill clinton, president in 2000
Answers: 3
question
Business, 23.06.2019 10:50
What are examples of career fields skillsusa prepares students for? check all that apply. health science education agriculture construction manufacturing transportation information technology public safety multiple choice: health science education agriculture construction manufacturing transportation information technology public safety
Answers: 1
You know the right answer?
Many years ago, an acquaintance of ours who we'll call Billestablished a soundproofing business in B...
Questions
question
Social Studies, 03.12.2021 01:50
question
Mathematics, 03.12.2021 01:50
question
Mathematics, 03.12.2021 01:50
question
Computers and Technology, 03.12.2021 01:50
question
Mathematics, 03.12.2021 01:50
question
Mathematics, 03.12.2021 01:50
Questions on the website: 13722359