How Did You Structure Your Company for Sale?

When your wife comes to you and says, honey, we're pregnant. Time to cut the cord. What did you do next to market this business for sale? So at that stage, i pu in a new general manageer, im some one who had a lot of experience a very large agency, gobal scale. And he knew that the remit was that when the time was right, i wanted to be out of the agency. How did you structure? Because i know that another question a lot of our listeners grapple with is structuring the compensation for their kind of gen manager. One is you pay him a salary and some sort of a success fee if you sell the company.