Framework · 16:47
// THE QUOTE
“we find sometimes the easier conversation is who's in your management team”
— Peter Freeman · Freeman Group Private Wealth Management
Management buyout often beats handing it to a kid who knows nothing day-to-day; the business keeps running. Crisp, self-contained alternative-succession idea.
Full episode at 16:47The 'If You Died Tomorrow' Test: Succession & Tax Planning for Construction Business Owners ▸
THE LESSON THIS CLIP CARRIES
The easiest succession buyer is often your own management team, who already run the business well.
“can you create some structure to allow your management team to buy you out because then the business is functioning”
THE CHAPTER IT LIVES IN
Who actually takes over: kids, managers, key clients
13:04
Clips like this, every two weeks.
SOURCE: 16:47 of The 'If You Died Tomorrow' Test: Succession & Tax Planning for Construction Business Owners