We have friends that we meet on Wednesday nights for Mexican. One couple has a nice fabrication company! I think she is 69 & he is 72, they have no children. They are selling the business to a corp. All employees had to be kept. All benefits had to be kept. He does a big BBQ for July 4 & steak for Christmas for the employees.
This is their last year. Out of their pocket, they are giving each employee $2000.00 per year of service. They have had 50-100 employees, depending on work load. I can't remember if it is $14,000 or $17,000 without tax. But, if it is over they will make 2 checks, 1 this year and 1 next. They have one man who has been with them 37 years!
This what is truly a Family Business! I just had to say this someplace!
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