A privately-owned business reflects a lifetime of hard work, and it is understandable to wish those values to continue when it is time for a company to change hands. With an ESOP, an owner will have the opportunity to establish a legacy and help provide for the future of the company’s employees that have helped make it a success. ESOPs can help with employee loyalty and talent recruitment, as well as offer a continuity of governance as current management can continue to lea on throughout the transition and beyond.
In case you missed it: DHG’s construction practice provided an insightful discussion on leveraging ESOP plans to help owners of Construction or Real Estate companies build a legacy and establish continuity of governance.
The presenters discuss ESOPs as an exit strategy and outline the advantages, with such topics as:
- Evaluating candidacy
- Feasibility studies
- Formation & obligations
- Benefits of building employee loyalty
- Tax implications and other advantages of ESOPs
This webinar shares considerations and case studies to help you understand the benefits ESOPs can have for an organization in transition.
Jennie Muniz, Partner
Rick Paden, Partner
CPE: One hour, pending approval
WATCH THE WEBINAR