Growth To Exit Blog
Employee Buyout: When Employees Become Owners
In our previous Blog Post on Growth To Exit we discussed the importance of having a corporate succession plan in place, as well as the different selling options that you have as a business owner, if your kids do not want to buy your company. This time we will discuss an alternative strategy that you might wish to consider if you are planning to sell your business: the Employee Buyout....
Succession Planning: What Happens when your Kids Don’t Want to Take the Family Business?
Corporate succession is one of the most defining moments in the history of a family business. Many parents and grand-parents that have built family businesses from scratch, hope that one day, their lives’ work will pass down to their children and their children’s children, and their legacy will stay alive even after they retire.
This is, however, not always the reality, as surveys...
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