Business Owner’s Retirement Planning Business succession planning by small private companies is much like most individual’s efforts with retirement planning – woefully inadequate. According to the Bureau of Labor Statistics, there are 30 million small businesses in the United States collectively worth over $10 trillion. 60% of small business owners are Baby Boomers set to […]
Is an ESOP Right For You? ESOP Plus is excited to tell you about a seminar that we think you may be interested in: Is an ESOP Right for You? An In-Depth Look at Employee Stock Ownership Plans sponsored by the National Center for Employee Ownership. The meeting will be held on September 16-17, 2015 in San Diego, CA. This in-depth […]
The following video provides an overview of the many benefits that ESOPs can provide to retiring owners and future employees.
Part Four of our Sustainable ESOP Series Last week in this blog, we explained that a sustainable ESOP will ensure that future employees will benefit from the ESOP in a manner similar to those employees that benefit when the ESOP is first implemented. To do so, the length of the Internal Loan should be determined […]
Part Three of our Sustainable ESOP Series As noted in the two previous entries in this four part series (you can find part one here and part two here), addressing fair market value and debt capacity at the outset in the transaction structure is key to developing a sustainable ESOP. Also important, consideration should be […]