Course and condition specific wedges may be a strategy you want to consider. Tight lies, hard turf, and firm bunkers suggest low bounce wedges. Soft turf, fluffy lies, and soft sand call for more bounce. I doubt weâll ever know what the bounce or grind was on the wedge Tiger used on Oakmontâs third hole yesterday.
Definition - What does Fixed Success Fee mean? Fixed success fees are a predetermined amount for the work performed by an investment banker or M&A advisor to complete a transactions. Fixed success fees may be appropriate in situations where the banker can estimate the total amount of work (or hours) that will be required to complete the engagement.
But, if the business is sold for $80 000, the broker fee would be $10 000, as this is greater than 8% ($6 400). Minimum flat fee combination with success fee is the typical commission arrangement with small business sales.or a small business that may sell for $100 000, most brokers will negotiate a minimum flat fee of $10 000 if the business is sold below $100 000 OR a fixed percentage success fee of about 8-10% if the business is sold for more than $100 000.