The following case study is based on a true story. It highlights the importance of getting ready for exit years prior to the event, the value of an experienced team of advisors, and the benefits of working with the teamat NAVIX.
Selling your business to an inside buyer is one of four possible exit strategies for a happy and successful exit. (Review all four exit strategies, to determine which one is right for you.) Being an "Innie," as we call owners with this strategy, can be deeply rewarding. Long-term, valued employees become like extended family to many owners. To see the business continue forward under the leadership you selected and groomed, acknowledges all your efforts and extends the business legacy. Rewards can include the financial realm-your employees may be the best, and in some cases the only, potential buyer. They know the business and would rather own it after you exit than go work for somebody else.
