Succession Planning
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Many business owners look to key employees (Management Buy-out) to take over their businesses out of a sense of friendship, or loyalty to those that have worked with the business for many years. Employees also know the business, clients, and suppliers, and there may be advantages related to continuity.
There are, however, quite a few challenges to a Management Buy-out:
When the owner of a business weighs the pros and cons and decides to sell to management, Robbinex may assist with:
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