Selling the Business … to Your Employees

Bill Roark remembers the rug being pulled out from under him, in 1999, when his employer was sold to an outside buyer. Though the acquirer tried to find a job for Roark, “when all was said and done, I was on the street corner with a check and a ‘good luck’ goodbye,” he says. “I didn’t want to put anybody in that position.”

That’s why, when Roark co-founded Torch