Selling Your Business To A Key Employee
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.