After building their business from the ground up, many entrepreneurs want their business to eventually go to "a good home". That "home" might be to younger family members or, since employees or the existing management team know the business, the owner might facilitate the sale of the business to them.
In this final Module, we will look at issues arising from the transfer of ownership of the business to a close circle as in the case of family and employees.
Describe key succession issues facing entrepreneurs.
Describe the different steps in selling the business.