Selling Your Business To A Key Employee
“I felt like I wanted to sell my company internally. I was worried about selling to an outside firm, and whether they’d take good care of my employees.”
When our client wanted to sell his business to a key employee, he faced a pretty big problem... the employee didn't have millions in cash lying around to buy the company outright. So first, we helped implement a stock incentive plan. Then we prepared all the financial forecasts necessary to predict future earnings and secure bank financing. The employee was able to confidently afford the buyout, and our client sailed off into retirement knowing the business remained in great hands.
