As a business owner, entering into a sell transaction can be a bit overwhelming. Now imagine you are getting to the doorstep, days or weeks away from closing, and the buyer notifies you that they are not going to pay as much money as you initially agreed to. You may ask yourself, “Can they do that?” or “Why would they do that?” The short answer is, they can try. It is called a retrade. During today's episode of The Transaction Abstract, Redpath’s Joe Hellman talks with Mo Gharib, partner at Vermillion Capital, about the perils of a retrade and how to avoid them. From Redpath and Company, a 100% employee-owned CPA firm. redpathcpas.com/

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