Business Owner Retirement: Employee-Based Succession Planning: MBOs and ESOPs Explained
After years of pouring your energy, passion, and grit into building a successful business, the idea of handing over the reins can feel both thrilling and a little nerve-racking. But what if your exit strategy could reward the very people who helped you get here? What if your legacy could stay alive in the hands of employees who know your company’s heartbeat as well as you do?
Selling your business through a Management Buyout (MBO) or an Employee Stock Ownership Plan (ESOP) offers a powerful, often overlooked path—one that lets you step confidently into retirement while giving your team a meaningful stake in the future they helped create.
In this guide, we explore how these employee-driven strategies can protect your legacy, empower your workforce, and give you a smooth, strategic exit on your own terms.
