betsylancer8071
betsylancer8071
06.05.2020 • 
Business

A founder is thinking about retiring and has no children who are interested in taking over the family business, an agricultural products manufacturer with about 100 employees. The business is stable, profitable, and growing at a moderate rate. A team of managers has been assembled who are capable of running the business without the founder’s involvement and employee turnover is low. Which of the following "harvesting strategies" would give the founder a way to fund their retirement while also providing an incentive for managers and employees to continue to grow the business?A. Sell the businessB. Undertake an IPOC. Establish an ESOPD. All of the listed options are equal in their ability to accomplish the founder’s objective

Solved
Show answers

Ask an AI advisor a question