Internal Succession: Retirement Solutions for Small Business Owners (Paperback) (ISBN-13: 9798999527707)

Fewer than 30% of small businesses ever sell-the rest quietly shut down, leaving behind lost value, stranded employees, and disappointed owners. For entrepreneurs who have worked a lifetime to build their companies, this is a devastating outcome.

Internal Succession: Retirement Solutions for Small Business Owners offers a smarter path. Instead of waiting for the unlikely outside buyer, this book shows you how to create a successful transition by selling to the people inside your business-employees, managers, or family members-who already know its worth.

Inside, you'll discover:

• Why most small business sales fail-and how to avoid the common pitfalls

• Proven succession strategies including management buyouts, ESOPs, and family transfers

• Practical steps for structuring deals, securing financing, and minimizing tax burdens

• Legal frameworks every owner should understand before selling

• What to expect after the sale-ensuring continuity and protecting your legacy

Whether retirement is around the corner or years away, this guide provides a clear, realistic roadmap for business owners who want to exit on their own terms.

Perfect for entrepreneurs, family business owners, and advisors, Internal Succession is essential reading for anyone who wants to secure their financial future while preserving the business they've built.