“COLLEGE PARK, Md. — OVER the next decade millions of business owners born during the baby boom will retire. Many, with no obvious succession strategy, will simply sell their companies, the backbone of Main Street economies across the country, to large corporations. All too often the result will be consolidations, plant closures and lost jobs for the people who helped build and sustain their companies for decades. The boomers should think again: selling to their employees is often a far better way to go — for both moral and economic reasons.”
To read the full article, click here.