Archive for March 2020

ESOP’s may be used as a means to allow shareholders with management responsibilities in a closely held company to gradually sell and ease out of the business (exit strategy) over a number of years and reward employees with a benefit tied to corporate performance (i.e. – stock value increases). Implementing and administering ESOP’s are very…

You may be thinking of selling your business in the traditional way but have you considered an ESOP (Employee Stock Ownership Plan) as an alternative vehicle to exit your closely held business? If not, this article may get you thinking. ESOP’s have been around since the early 80’s but not well known as a selling…