An owner wishing to sell business to management – and specifically to key employees – faces two unpleasant facts: Their employees have insufficient funds (most likely) and they cannot borrow enough, at least not enough to cash out the owner.
An owner wishing to sell business to management – and specifically to key employees – faces two unpleasant facts: Their employees have insufficient funds (most likely) and they cannot borrow enough, at least not enough to cash out the owner.