Question 11:

How do I sell my business to my key employee(s)?

Why Is This Question Important?

Selling a business to one or more of your employees can be richly rewarding. To see the business continue forward under the leadership you selected and groomed, acknowledges all your efforts and extends the business legacy. It can also be extremely difficult and risky. Your employees likely lack cash and collateral. It may be uncertain that they can profitably run the business without you. Critical issues including taxes, cash flowing payments to the selling owner, and dealing with personal guarantees need to resolved, or the whole thing may fall apart.

The resources below may help you understand the key challenges involved with selling a business to your employees, and how to successfully implement this exit strategy.

Resources Available To Learn More

Ready to Discuss Your Situation?

Schedule a complimentary, confidential 45-minute consultation with a member of the NAVIX team today.

Contact Us to Get Started
The Exit Playbook | Insights, case studies and strategies for a successful exit. | Subscribe
Books by Patrick A. Ungashick | Order Now
NAVIX is a team of experienced and highly trained professionals.