You should not agree to take responsibility for any of this companies debt.
Why is the current owner just paying g 40k of credit card debt payments? Not a good sign. Using a cc as a stop gap occasionally and paying off right away is one thing, but building up a 40k balance ND not being able to pay it? Not good.
She is possibly just offering you this because the business is failing, and you leaving could be the last straw.
You can do it if you want but make sure you don’t take on any current debt. Look at all the numbers.
You should not agree to take responsibility for any of this companies debt.
Why is the current owner just paying g 40k of credit card debt payments? Not a good sign. Using a cc as a stop gap occasionally and paying off right away is one thing, but building up a 40k balance ND not being able to pay it? Not good.
She is possibly just offering you this because the business is failing, and you leaving could be the last straw.
You can do it if you want but make sure you don’t take on any current debt. Look at all the numbers.