Strategic management focuses on identifying and prioritizing key objectives for the company. An employee buyout, also known as a management buyout, involves an acquisition largely financed by the employees themselves. More specifically, the term LBO (Leveraged Buyout) is commonly used to describe this type of transaction, which generally requires external financial support. The goal is to establish an optimal balance between debt and equity, ensuring that the generated cash flow is primarily allocated to debt repayment as quickly as possible.