Part one of term paper
In an October 1998 issue of "Fortune Magazine" in the finance section, an article entitled "Cash Out on Your Own Terms" speaks about a relatively old concept refined for a new market. In the centuries past, wealthy landowners would allow working farmers to live and work on their land and tend the crops and cattle for a portion of the goods a ...

Part two of term paper
... applies to owners of family businesses. When a CEO of a company either needs liquidity or has no relative or partner to pass the ownership to is the main time that owners think about where their business might be going. Many owners of a family business don’t do estate planning or strategy until it’s too late. Even when the owner tries to plan for the inevitable, he has minority shareholders or kids who don’t want to run the business. Every option for the owner has a downside ...