How much of your net worth is tied up in your business? If your answer is a large percentage, you’re probably wondering how you can transfer this wealth to the next generation of entrepreneurs while attracting, rewarding and retaining valuable employees.
Employee Stock Ownership Plans (ESOPs) are the hottest new trend in American business.
According to the National Center for Employee Ownership, a trade group in Washington, D.C., the number of business owners implementing ESOPs has surged since 1975. Employee ownership is booming and can be accomplished in a variety of ways. Let SES ESOP Strategies’ experienced ESOP professionals effectively guide you through the process.
At SES ESOP Strategies, we excel at helping business owners assess the ESOP feasibility for their unique situations. Leveraging our multidisciplinary expertise and decades of experience in ownership transition solutions, we consult with you to determine if an ESOP is a viable option for your company. We also work to obtain the highest price for you while protecting your company’s financial well-being and thereby preserving your personal legacy.
An ESOP offers compelling benefits to selling owners, companies and employees. ESOPs can create liquidity. They can address business succession. They can stimulate employee productivity and morale. And they can do all of that with significant tax benefits, making an ESOP an appealing choice for many companies. Even so, an ESOP isn’t always the best solution for every organization.