Did you know employees can buy out their boss?

On this episode of Everyday M&A, we hear from Bill Heestand, a small business expert and author of the book, The Ownership Ladder How a Smart Employee Can Buy Out the Boss.

You may be wondering, Where do employees get the money for the acquisition? How does one get started? Bill shares these insights and more, pulling from his own experience buying out his father’s business.

Whether you plan to sell your business to your employees or an outside third party, the business attorneys at Thorsen Legal (https://thorsenlegal.com/) and the business brokers at Texas Business Brokers (https://texasbusinessbrokers.com/) can advise on the transaction.