Understanding Your Business Exit/Transition Options: Employee Stock Ownership as a Potential Path
May 11, 2021
Understanding Your Business Exit/Transition Options: Employee Stock Ownership as a Potential Path
When owners of a privately-held business plan to retire, they’re faced with several potential exit options to monetize their wealth, preserve their legacy, and ensure financial continuity for the next generation. Among these options is an Employee Stock Ownership Plan (ESOP), which can be an effective, win-win strategy for owners, employees, the community, and the company as a whole.