So you’ve gotten to the point where you are starting to think about your exit strategy. Most business owners would like to think that there is value in the business they have worked so hard to build and would like to monetize that value. Options you’ve considered include a succession within the family, or to one or more key employees. If that’s the case, various transfer vehicles could be used including an Employee Stock Ownership Plan (ESOP), gifting strategy, or outright sale. It is common for these types of transfers to involve the stock of the entity holding the business. But there may be no key employees or children who present themselves as possible successors, and a third party sale becomes more likely. Hopefully in that case a strategic partner can be found to whom the business has ongoing value – even if you walk out the door.