Management Buyouts - Selling Out to Senior Management

This guide for small business owner managers explains how you can include senior employees in your business succession plan.

Why You Should Include Employees in Succession Planning

There are a number of good reasons to include your long-time employees in your business continuity planning:

  • It is a way to give deserving employees an opportunity to acquire the business.
  • This is a viable alternative if your family members have no interest in taking over the business. 
  • Senior employees often represent the best possible buyers for the business, as they are already actively involved in its operation.

Contents of the Guide

This guide sets out the pros and cons of this exit strategy, the issues you need to consider, and how to structure the deal in the best interests of all parties.

Author Credit

This expert guide was written by Phil Thompson, business lawyer and corporate counsel in Ontario, Canada.

Document Type: Adobe PDF
Last Updated: 22-October-2025
SKU: 5854
$12.49