Mission Improbable: The Challenges of Selling Your Business to Your Employees, and How to Overcome Them
Selling your business to an inside buyer—typically to one or more employees or partners—can be deeply rewarding. Long-term, valued employees often become like extended family to many owners. Seeing the business continue forward under the leaders you developed acknowledges your efforts and launches your business legacy. Despite these advantages, successfully selling to top employees can be difficult. Employee buyers typically have little cash or collateral, and there’s always the risk that they may not be willing to pay the seller’s desired purchase price.
This webinar explores the twelve essential conditions that owners seeking to sell to inside buyers must meet to achieve a happy exit. Specifically, it will address:
- Necessary steps to evaluate if an inside sale is likely to succeed
- Best practices on structuring the deal
- Reducing risk in the transaction
