What you need to know about selling a company to employees

//What you need to know about selling a company to employees

What you need to know about selling a company to employees

Business owners starting to think about retirement often consider gifting the company to family members or finding an outside buyer, such as a private equity firm or strategic purchaser in the same industry, willing to meet their asking price. Many owners, however, overlook another appealing option — selling the company to key employees. Owners with talented successors on board can arrange for key employees to buy the business by setting up an employee stock ownership plan, or ESOP. As of 2015,…

Article by [author-name] (c) Banking & Financial News - Banking & Financial News Headlines | Bizjournals.com - Read full story here.

By | 2019-06-01T07:00:00+00:00 June 1st, 2019|Economics|

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