Perquisites – Business Broker Terms – Free Consult
In a business sale in Naples, Florida, a Business Broker highlighted the value of perquisites provided to the company's executive team to attract potential buyers. These perquisites included a company car, membership to exclusive clubs, and premium health insurance plans, which were above and beyond the standard salary and benefits package. The broker explained that these discretionary perks, while not required, added to the attractiveness of the executive positions, potentially increasing the company's appeal by demonstrating its capacity to attract and retain top talent through these additional benefits. This approach helped prospective buyers understand the full scope of compensation used to maintain a motivated and dedicated leadership team.