REWARDING YOUR EMPLOYEES BY GIVING THEM THE BUSINESS

By |2021-01-27T12:01:27+00:00April 30th, 2018|Categories: BUSINESS PLANNING, ESTATE PLANNING|Tags: , , , |

Retiring from your business can a tough decision.  To ensure that what you have built continues on, there needs to be a plan for succession.  For some people, they have spent years grooming a child or other family member to take over, wanting the business to stay in the family.  Others look to sell to a third party for a quick way out that will also give them a nest egg for their next phase of life.  However, there is a third option–transferring the business to your employees.  If you like the idea of transferring your business to long-time faithful employees [...]