Planning Your Exit: How Contractors Can Sell to Employees
View event details*FREE FOR MEMBERS ONLY*
ABOUT THIS CLASS
This course is designed specifically for construction business owners looking to plan for the future and protect the legacy of their company. Participants will gain practical insight into key succession strategies, including evaluating whether their business is ready for an internal sale, understanding the differences between employee buyouts and ESOPs, exploring how ownership transitions are typically financed, and managing risk throughout the process.
The course will also cover exit planning, reducing owner dependence, and common pitfalls to avoid—equipping attendees with valuable knowledge to make informed decisions about the future of their business.
OUTLINE
• Is Your Business Ready for an Internal Sale?
• Key Employee Buyout vs. ESOP: Which Is Right for You?
• How Employees Actually Pay for the Business
• Managing Risk During the Transition
• Exit Timelines and Reducing Owner Dependence
• Avoiding Common Pitfalls
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