"The contents of this material was published on July 26, 2016 and may be outdated and not reflect current facts. This materials should be used only as a reference."
Owners wishing to sell their business to management – specifically, key employees – face two unpleasant facts: Their employees have no money (most likely) and they cannot borrow any, at least not in sufficient quantities to cash out the owner. Thus, each transfer method described in this white paper uses either long-term installment buyout of the owner or someone else’s money to complete the buyout. The last method discussed – the modified buyout – uses both an installment buyout and someone else’s money.Trasferring-Your-Company-to-Key-Employees