Question about Computers & Internet

2 Answers

I have a partner its 50/50 shares and they want us to give the business to their new business for free and they will pay the mortgage for the building, otherwise they are threatening to liquidise. I want to know how long liquidisation would take? This business has been running for 5 years and has 3 staff and 50 consultants who work there can they do this. It is paying for itself. Or we buy them out.

Posted by on


2 Answers

  • Level 3:

    An expert who has achieved level 3 by getting 1000 points


    An expert that got 10 achievements.


    An expert that got 5 achievements.


    An expert whose answer got voted for 500 times.

  • Master
  • 1,187 Answers

How is the new business capitalized?
Are third-party venture capitalists involved?
Can either company "stand alone"?
Why not split?

If third-party is involved, they might be looking for a quick turn-around and then liquidate, anyway.

FixYa is not the forum for this. I suggest you consult an attorney that is not currently associated or involved with this company.
Good Luck with your venture!

Posted on Sep 30, 2009

Testimonial: "Some good points thanks"

  • Level 3:

    An expert who has achieved level 3 by getting 1000 points


    An expert that got 10 achievements.


    An expert that got 5 achievements.


    An expert who has answered 1,000 questions.

  • Master
  • 1,121 Answers

If you have gain with their bussiness, buy-them or move to next door on the front of them. as simple as that. If your business is stable, dont give that away, the wrost years is the first 5 years. Go with your idea (bussiness), dont look back. Someone allways trust in you, dont fail back

Posted on Dec 27, 2009

Testimonial: "yep its all looking good thanks for that straight to the point cheers"


1 Suggested Answer

  • 2 Answers

SOURCE: I have freestanding Series 8 dishwasher. Lately during the filling cycle water hammer is occurring. How can this be resolved

a 6ya expert can help you resolve that issue over the phone in a minute or two.
best thing about this new service is that you are never placed on hold and get to talk to real repairmen in the US.
the service is completely free and covers almost anything you can think of (from cars to computers, handyman, and even drones).
click here to download the app (for users in the US for now) and get all the help you need.

Posted on Jan 02, 2017

Add Your Answer

Uploading: 0%


Complete. Click "Add" to insert your video. Add



Related Questions:

1 Answer

Which payment gateway service provides its service for marketplace?

Looking for the best payment gateway service for your business, then PayUMoney is best suited for the marketplace. There are other competitors too, but PayUMoney has revolutionized the easy payment method for business. One of the reasons for being the best payment gateway providers is highest market share, fastest settlement, link with any bank account and other features.

Presently, it can process payments with Visa, MasterCard, Diners credit/debit cards of more than 50 banks. With just 1-click affair, user can pay and purchase easily. With seamless integrations with leading shopping cart plugins and e-commerce franchise partners, you can easily have payment flow. Moreover, with three layers of security helps you to stop worrying about payment safety.

PayUMoney offers seamless payment gateway service for buyer and sellers with different plans. So now you don't have to worry about high commission and multiple payment methods which diverts your attention from business. One of the leading payment gateway providers, PayUMoney has now more than 3 lakh active sellers across India.

Jun 07, 2017 | Gateway Computers & Internet

2 Answers

I want to apply for a SME business loan. Will I need to attach a collateral?

Yes, if you are looking forward to SME business loan you may need to attach a collateral. But some NBFC like is one such company which offer mortgage free loans. They also claim to provide fast credit to the loan seeker.

These days it is very much crucial to obtain the loan money quickly. The relationship is very simple, faster you get your credit, more quickly you will be able to invest it in your business. A loan without a collateral will be an added advantage. To avail a collateral free loan, you should be eligible for it. The eligibility criteria includes-
  • Private limited companies with SME/SSI registration
  • Loans are available for product development expenses, procurement of computers, etc.
  • Share allotment proof.
  • Share purchase agreement.

May 30, 2017 | Computers & Internet

1 Answer

How Is A Business Loan Structured?

The program involves a lender who will finance 50% of the eligible undertaking costs, with the SBA funding a second mortgage of as much as 40% of the venture. The borrower is needed to have 10% equity injection.

Jun 30, 2016 | Computers & Internet

1 Answer

Are Partners Considered Employees Of The Partnership Or Could They Be Self-Employed?

Partners are regarded as self-employed. If you're a person in a partnership that continues a trade or business, your distributive share of their earnings or loss from that trade or clients are internet earnings from self-employment. Limited partners are susceptible to self-employment tax only on guaranteed obligations, for example salary and professional costs for services made.

Aug 07, 2015 | The Computers & Internet

1 Answer

What is refinancing?

Put simply refinancing is replacing a existing older loan with a new one that has different terms. Like if you were to refinance your mortgage you would look for a new mortgage loan that would pay off your existing mortgage and that would give you better interest rates.

Aug 28, 2013 | Finance

1 Answer

Can i share my business savings account with my business partners?

Yes, most banks allow access to the business savings account
to more than one authorized signer, allowing the account to be shared by several partners through separate codes, insuring this way security, flexibility and accountability.

Aug 14, 2013 | Finance

4 Answers

What is a mortgage loan?

A mortgage loan is a loan where the client pledges real property, often a residential home, to the bank in order to secure the loan. If the client doesn't pay the mortgage, the bank can take the property. If there is a foreclosure, the bank will sell the property and use the sale money to clear the mortgage debt.

Aug 08, 2013 | Finance

1 Answer

Fast download of adobe audition for free

1- Partner with artists and producers at studios using Audition.
2- Get some fame and share props with Adobe Audition developers for a year or two.
3- Fast free download and license from Adobe!

Aug 13, 2010 | Adobe Audition 3 for PC (22011292)

1 Answer

Can not afford to pay mortgage on timeshare

It will depend on the time share company and whether they have a division or sister corp. incorporated in the UK. The torture of trying to get settlements across national borders is hardly worth the effort for  company unless it is a substantial sum.
I'm sorry about your (and our) financial bind; you can thank our stupid US socialist government for their free market interference in the mortgage business.
Personally, I hope you stiff the time share outfit, they have been shafting consumers for decades. Time shares are the worst kind of expenditure and only allow developers to sell middling apartments for 8-10 times what they cost to build.  

Dec 23, 2008 | Lenovo CENTURY MORTGAGE ONLY (2373C03) PC...

Not finding what you are looking for?
Computers & Internet Logo

Related Topics:

275 people viewed this question

Ask a Question

Usually answered in minutes!

Top Computers & Internet Experts

Doctor PC
Doctor PC

Level 3 Expert

7733 Answers


Level 3 Expert

102366 Answers

David Payne
David Payne

Level 3 Expert

14161 Answers

Are you a Computer and Internet Expert? Answer questions, earn points and help others

Answer questions

Manuals & User Guides