26 Oct Internal Succession: What’s Fair?
Posted at 23:48h
in Insights
Typically, there are two “buyer pools” to consider when selling your company. An external buyer is the obvious selection if your only objective is to maximize value. However, if the non-financial aspects of your business such as legacy, employees or community take precedence over the maximum sale price, you may consider an internal sale to a family member or a group of key employees.
To ensure a successful result for everyone involved, here is a list of some variables to consider before implementing an internal transition.