If you’re looking to cash in on your small business, then a management buyout might appeal to you. Successfully pulling one-off, however, requires a little bit of groundwork and planning. By taking the right steps ahead of time, you’ll be able to establish whether an MBO is a right call for your business – and you’ll be able to ensure that the transition goes off without a hitch. What is an MBO? A management buyout, or MBO, is when a company is sold to its upper management. This has a number of advantages. It ensures that the people running the
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