MANY BUSINESSES HAVE COMPETENT EMPLOYEES, SO WHY DO SO FEW SELL TO
THEM? MOST OWNERS WILL ANSWER, “BECAUSE THEY HAVE NO MONEY!”
What if there was a way that you could sell the business to employees, maintain control
It can be done, and there are many ways to do it while minimizing your taxes. The
Two or more of these strategies may be combined to maximize your after-tax proceeds while reducing the burden of the buyout on the company’s bottom line.
“I’d like to sell to my employees, but they have no money!” Most owners believe that a sale to employees requires self-financing, with the accompanying risk of default or repossession. They think the only alternative is a complex and expensive Employee Stock Ownership Plan (ESOP).
There are ways to transfer a business to employees so that the owner retains control until the day that he or she leaves with 100% of the purchase price in cash. It takes time, however, and many owners wait until it’s far too late to investigate their options.
Sales to employees can realize far higher prices and greater new proceeds to owners when they are structured correctly. We would be glad to lay out all of the options in a meeting at your offices or ours and discuss how your employees can become your successors.
CONTACT US (210.615.1800) TO ARRANGE A CONFIDENTIAL APPOINTMENT, AND WE
WILL HELP YOU ASSESS YOUR READINESS TO BEGIN YOUR TRANSITION.
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