I’m a big fan of ESOP’s – Employee Stock Ownership Plan. In the right circumstance an ESOP might just be the ticket you’ve wanted to help you leave your business.
I’ve learned that ESOP’s are complicated beasts. There’s lots of moving parts and at some point you as a selling owner might ask why bother? At the same time, if you master the intricacies of doing an ESOP, it just might be the best decision you’ve made for you and your employees.