An Employee Stock Ownership Plan (ESOP) allows business owners to sell to employees gradually, preserving culture and legacy. While beneficial for tax efficiency, ESOPs demand complex ongoing administration and suitability criteria.
Tag: Selling Your Business to Employees
The Next Generation of Owners: How Millennials and Gen Z Are Re-Shaping Business Ownership
Millennials and Gen Z entrepreneurs are redefining business ownership as they acquire established businesses from Baby Boomers. Despite capital access challenges, new funding options are emerging, fostering intergenerational collaboration essential for sustainable growth and innovation.
Empower Your Team: Selling Your Business to Employees with an ESOP Strategy
When it's time to transition out of your business, finding the right way to pass the torch can be a challenge. Have you considered selling your business to your employee team? It might sound unusual, but an Employee Stock Ownership Plan (ESOP) could be the key to a smooth and rewarding exit strategy. Business planning… Continue reading Empower Your Team: Selling Your Business to Employees with an ESOP Strategy
FPA Owner Transitions 