Why Are ESOPs Such an Attractive Strategy for Business Owners?
July 19, 2023
Employee stock ownership plans (ESOPs) are a viable exit strategy for many business owners while also providing employees with job security and retirement savings. In a recent one-on-one conversation, Partner David Solomon talked with ESOP industry expert Kelly Finnell to answer many frequently asked questions about ESOPs, including what makes ESOPs such an attractive strategy for business owners, what kinds of companies make a good ESOP candidate, and advice for business owners considering an ESOP.
- What is an ESOP?
- What is it about an ESOP that makes it an attractive strategy for business owners?
- What makes for a good ESOP candidate?
- Advice for business owners considering an ESOP
You can watch the Full Interview here.