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If you’re a business owner exploring exit strategies, the idea of selling your business to your employees might seem like the perfect way to preserve your legacy and reward those who helped you build it. While ESOPs (Employee Stock Ownership Plans) are often seen as the gold standard, they aren’t always a fit—especially for small…
Read MoreFor many business owners, figuring out how to sell your business to employees is more than a financial decision—it’s an emotional one. You want to preserve your company’s legacy, protect your team, and be fairly compensated for the business you built. One of the most rewarding ways to achieve this? Selling your business to a…
Read MoreIf you’re exploring retirement options, an employee business buyout could be the best move you haven’t considered. This strategy helps you transition ownership to the people who know your business best—your team—while preserving legacy, protecting culture, and getting you paid. The Emotional and Strategic Benefits of Selling to Your Team Your employees already know the…
Read MoreHow to Sell an Engineering Business: A 10-Step Exit Guide for A&E Firm Owners Selling your engineering or land surveying business isn’t just a financial transaction—it’s a major life event. You’ve spent years building a firm with clients who trust you, a team that depends on you, and systems that make everything run smoothly. When…
Read MoreESOP Alternative: Step Up Legacy Plan – A Smarter Path to Employee Ownership As a business owner approaching retirement or planning an exit, the idea of selling to your employees can be both emotionally rewarding and operationally sound. Two common paths often arise: the traditional Employee Stock Ownership Plan (ESOP) and what we offer at…
Read More“Selling to Employees? Discover the Value Banks Place on Your Business” Employee Buyer – Paid at Closing – How Much? When selling your business to an employee, one of the most critical questions is, “How much will I get paid at closing?” The amount you walk away with is influenced by several key…
Read MoreBuying the Boss Out Have you imagined owning the company that employs you? Have you thought about the wealth that you could generate? This could be possible if you work for a small business in a management capacity and the owner is close to retirement. The information below provides a foundation. The Opportunity Based on…
Read MoreAlmost every Bank has a loan policy or lending culture that is more conservative than the Small Business Administration’s (SBA) Standard Operating Procedure (SOP). This makes selecting a Bank for business acquisition financing to be of the utmost importance. When the acquisition of a business is being financed, the SBA SOP allows for an equity…
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