Considering the next chapter in life and the sale of your business? But what if you don’t want to take your business out to market? What if you wish to pass the business on to the next tier of management and control the process?
A vendor initiated management buyout (“VIMBO”) is very similar to a management buy out (“MBO”) but with one important difference – the vendor is the one who initiates the process and makes the approach to management.
Key advantages of a VIMBO include:Read this post