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In building a sellable or transferable business a key value driver is a next level management team – a management team that can take your business to the next level of growth.
And, deciding on the right plans to incentivize those key employees to grow the company as well as stay with the company requires careful and thoughtful planning.
A very common question business owners face is when and if to award equity in their business to these key employees.
For start-ups with an established goal of exit within a period of time with the sale of the business…a key strategy could be awarding equity or options for equity at launch…but for other small businesses the decision may not be so easy…
And that’s our topic today… My Employees Want Equity…What Should I Do?