"An employee stock ownership plan (ESOP) is a tool business owners use to achieve three common exit objectives: 1. Leave the business soon 2. Leave the business with cash adequate enough for financial security 3. Leave the business to employees
"An ESOP is touted as allowing business owners to cash out at fair market value from their businesses, pay no taxes on the sale and transfer their companies to their employees in the process. To separate truth from fiction - or reality from hype - advisors need to address the following questions when they meet with business owners who want to transfer their business to key employees.
"What is an ESOP?
"How does an ESOP buyout work?
"What company characteristics are needed to make an ESOP work well?
"What are the disadvantages to an owner in selling to an ESOP?
"What are the advantages to an owner of selling to an ESOP?
"This article explores each question and provides the information that business owner advisors need to answer their clients' questions about ESOPs. "
Friday, July 24, 2009
Using ESOPs to Transfer a Business to Employees
Subscribe to:
Post Comments (Atom)
2 comments:
Hi... Looking ways to market your blog? try this: http://bit.ly/instantvisitors
If you are going through a divorce and having issues with custody you want to find an attorney that knows family law. This field of law can be complicated so make sure you find somebody that you feel comfortable with can do the right job for you.
Post a Comment