USING NEW CONTRACTS TO BUY INTO THE BUSINESS
I am under an exclusivity agreement with a firm that has the potential to do federal government contracting. One of my mentors is looking to include my target company in a team to bid on a very large government contract. The bid is due before our proposed close date. Does anyone have experience using new business as part of a way to buy into a firm? If so, how did you structure it or what pitfalls did you encounter? Thanks in advance.