How to Finance a Management Buyout
So, you want to sell your business to your management team.
In an ideal world, you would love to pass along the business to the troops who have helped you along the way. These individuals are already trained and qualified to take your baby to the next level while you move on to fine-tune that backswing.
More often than not, the problem is capital.
Your management team most likely doesn't have cash on hand to finance your retirement goals, -to cash you out.
So what are your options?
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