What are the most common options for transitioning a business?

The most common business transition options include a sale to a third-party buyer (a strategic buyer, private equity firm, or individual investor), a family succession (transitioning ownership to children or other family members), a management buyout (selling to key employees or the existing management team), an Employee Stock Ownership Plan (ESOP), a merger with another business, or a planned liquidation. Each option has distinct financial, tax, and operational implications. Yeo & Yeo helps business owners evaluate all available options objectively and design a transition strategy that aligns with their financial goals, personal values, and desired timeline.