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Wayne Zell, the host of Blueprint for Wealth and founder of Zell Law, discusses retention bonuses in his upcoming book "Your Multi-Million Dollar Exit: The Entrepreneur's Business Succession Planner". Retention bonuses are given to key employees post-sale to ensure continued success. These bonuses are crucial for sellers subject to earn outs, as key employees' departure can impact performance bonuses. Incentivizing key employees to stay during the earn out period is essential for business success.
