Prairie Capital Advisors, 5 Reasons Contractors should Consider an ESOP, was featured in CONTRACTOR Magazine – serving the plumbing, hydronic & mechanical systems professionals with trusted content.
Oftentimes, owners of specialty contracting firms wish to access some of the value they have built up in the business, while others may be approaching retirement and looking to move on. Many business owners view a third-party sale as the main way to accomplish these goals. However, there is an alternative that may be a more preferable option for unlocking the value of a specialty contracting firm: an Employee Stock Ownership Plan (“ESOP”).
Franco Silva is a Director at Prairie Capital Advisors, Inc. He can be contacted at 312.445.9213 or by email: email@example.com.
Download the full article above.