Monday was a rough day. I needed that day to process and talk through all the emotion I was feeling. The owners of the store had responded to our question of waiting until January 1st to change ownership by saying that if we didn't take ownership Dec. 1st, they would cut my salary in half. I was pretty darn upset by that. First of all, it was just wrong. And second of all...well, it was just wrong! Jeff is pretty sure it's illegal as well, but that is a quesiton for the attorney today.
Well, after processing all of that, and what the CPA said, we have come out with a much clearer picture on the whole situation. We are meeting with a corporate attorney today and will get some more clarity I'm sure. What it comes down to now is the owners willingness to cut their price. The business is not worth what they are asking us to pay. Not near what they are asking. I think they have rushed things along in order for us not to realize this, but too late. They certainly didn't want us to see a lawyer.
Anyway, I have come to terms with the fact that this may not work out. If it doesn't work out, and we did everything we could, then it just wasn't meant to be. I can live with that. I don't know what's next on the horizon for me, but time will tell.
More news later:)
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3 comments:
Well, sure. All you need is a bit of stress to take into the holidays with you.
The pressure the business owners are putting on you is a big red flag to me. Whether it's the economy, or there is some other reason they want you bagged before the end of the year. Find out the reason, and you may have a bargaining tool.
What Ronni said. And go with your gut. I wish you the best!
Thanks guys!
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