Ep18: How (and When) to Sell Your Company to Your Employees
If you’re a business owner considering the next phase of your legacy, have you considered selling the company to your employees through an Employee Stock Ownership Plan (ESOP)? A viable option for succession planning, ESOPs provide business owners the freedom to exit their company on their own terms, while rewarding employees and offering skin in the game. Today, Chuck & Brittany are joined by two ESOP experts – Dave Gustafson and Eric Flickinger – to learn the benefits of transitioning to an ESOP. Dave & Eric explain the timeline of an ESOP, tax benefits, and considerations for completion. A must-hear for all business owners!