Are you curious about what an ESOP is or are you considering an ESOP for your business? An employee stock ownership plan (ESOP) is a unique strategy for business owners seeking liquidity and a transition of their ownership. Using an ESOP strategy allows the business owner to sell a fractional amount or the entire business to the employees – either all at once or over time. This discussion by Tim Jamison and Bill Dunn will review the basics of an ESOP including:
- Advantages of an ESOP
- What makes a Good ESOP Candidate?
- How do ESOPs Work?
- What is a Feasibility Analysis?
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