Selling Your Shop to a Key Employee [E014]

Selling Your Shop to Key Employee. This week Hunt discusses some of the options that are out there for selling your shop to a key employee and how to retain them until you are ready to sell.

• Why is selling a minority share in your business a bad idea?

• What selling to an internal party in your business can be a win for both the buyer and the seller?

• How to structure a plan to transition to this new owner while he remains an employee?

The Show is sponsored by:

Shop-Ware on the web at getshopware.com

NAPA Auto Care Repair Shop of Tomorrow at https://repairshopoftomorrow.com

Hunt Demarest, CPA

Paar Melis and Associates – Accountants Specializing in Automotive Repair

Visit us Online : www.paarmelis.com

Email Hunt: podcast@paarmelis.com

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