Q: I want to sell my travel agency, and the potential buyer wants to pay me on an "earnout" basis; i.e., the payments would be set as a percentage of revenue received over a period of months or years ...
When you borrow money, you’ll also pay interest on top of the amount you borrowed.. Interest is the money the lender gets for loaning you the money. Read Next: 5 Subtly Genius Moves All Wealthy People ...