The retirement of Baby Boomer business owners marks a significant generational shift, with over 12 million businesses at risk of unprepared exits. Proper planning can ensure favorable conditions for owners and opportunities for younger entrepreneurs.
Tag: Selling Your Business to Employees with an ESOP Strategy
Empower Your Team: Selling Your Business to Employees with an ESOP Strategy
When it's time to transition out of your business, finding the right way to pass the torch can be a challenge. Have you considered selling your business to your employee team? It might sound unusual, but an Employee Stock Ownership Plan (ESOP) could be the key to a smooth and rewarding exit strategy. Business planning… Continue reading Empower Your Team: Selling Your Business to Employees with an ESOP Strategy
