Adrian Dayton
๐ค SpeakerAppearances Over Time
Podcast Appearances
You give options so they don't have to pay taxes on them.
Right.
And if they, if you have to pay taxes on those options, you're taking a huge risk if the company doesn't succeed.
Right.
So, so I don't know.
So yeah.
I wish though, I wish that option holders had better tax treatment.
It seems kind of unfair that these option holders, they're taking all the same risks as the original entrepreneur, you know, in like staying with this company and then they get taxed like with regular income.
So it's not, I just don't think it's very equitable.
Yeah.
So probably the most expensive investment that was 100% worth it was two years before sale, we hired a fractional CFO company.
To come in and completely, completely clean up our books.
Which firm?
What's their URL?
So we used Preferred CFO.
It's a local company here in Utah.
They work nationally, though.
And they made sure all of our accrual postings and just everything was dialed in exactly the way a buyer wants to see it.
And listen to this.
When we sold the company that bought us, when they handed our finances to the outside accounting firm to do the due diligence, they literally said, we have a Christmas gift for you.