Just to preface this post, I work for a registered investment advisor and have been given the task of coming up with outside-the-box ideas for a future business partnership buyout.

The company consists of three partners, two retiring in five years or less. The ownership breakdown is 46.5%, 46.5% (remaining partner) and 7%. The business is valued at $1.7M currently. Looking to utilize tax efficient/free methods. They can fund about $30/year into a buyout pool or other tax-free investment to fund the buyout.

Thus far, I have found/researched these possible options, but l'm looking for others or comments on listed ones below:

* ESOP
* LBO
* whole life insurance policy
* SBA 7a term loan
* GRAT/GRUT
* buy-sell agreement
* private annuity/ note