Management Succession & Buyouts
An often overlooked, yet key component, of business success is planning for management succession. Most small-to-medium sized business owners are also key management of their businesses and when they decide to exit the business there needs to be a solid plan to make sure that the transition to new management leadership is as smooth as possible.
ESOP Strategies has worked with many companies to help identify successors to departing management and then adopt and implement written succession plans for the management of the business in light of corporate governance best practices.