Options for firm ownership?

  • Creator
    Topic
  • January 21, 2014 at 3:57 pm #183134
    san4596
    Member

    I was wondering who has gone through the process of buying into a firm. What were your options, and what steps did you take? I plan on having this discussion with the partner after receiving my license, but want to know what to expect.

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  • January 21, 2014 at 4:09 pm #504790
    jeff
    Keymaster

    I believe that Kricket has done this

    January 21, 2014 at 4:09 pm #504842
    jeff
    Keymaster

    I believe that Kricket has done this

    January 21, 2014 at 5:01 pm #504792
    polar21
    Member

    I hope to be doing this in the next 3-5 years. The way the deal is drawn will vary between each transaction. What I hope to accomplish is to buy into the firm like 10-15% a year, for a standard % of shares. This gradually reduces the owners interest but provides enough incentive to allow a slow transition, if that is what is desired.

    January 21, 2014 at 5:01 pm #504844
    polar21
    Member

    I hope to be doing this in the next 3-5 years. The way the deal is drawn will vary between each transaction. What I hope to accomplish is to buy into the firm like 10-15% a year, for a standard % of shares. This gradually reduces the owners interest but provides enough incentive to allow a slow transition, if that is what is desired.

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