Ownership Transition Options for Small Firms
Zetlin & De Chiara Special Counsel Patti Harris authored an article on business ownership transitions for the AIA's digital magazine, ARCHITECTURE New York State in its “Business of Architecture” issue. Her article discusses the legal side of sale options, including internal sales, ESOPs, and third party sales.
“The last three years have wrought major changes to how we do business, where we do business and, even, if we do business at all. While much press has focused on the younger generations leaving the workforce, the pandemic also caused many work force veterans to seek an exit strategy or, at least, put the wheels in motion for a smooth transition of their businesses to the next generation. It is never too early to understand and prepare for ownership.”
Read the full article: