Technoprenuership1 28 business. A buyer may choose to purchase
an existing firm outright, or they may opt to become involved in it in someway as a partner.
Buy-in Buyers may not wish to purchase an existing business in its entirety. They may instead buy into an existing business and become anew partner or shareholder with those that already exist. This often happens in an expanding firm which would have outgrown the resources of the founding technopreneur(s) who sees) the need to build a team to manage the business in order that the new team members may share the founders objectives and commitment. A similar scenario might also arise if a small firm found itself in difficulties the addition of different skills and capital from anew partner or shareholder represents a possible recovery strategy of the forced sale kind.
Buy-out Buy-out commonly refers to the purchase of a business,
or a significant part of it, by its existing management. This is usually common in large firms buying themselves out of even bigger companies.
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