The Right Characteristics of a Healthy Employee Stock Ownership Plan (ESOP)
ESOPs can provide some compelling advantages for business owners and unique investment and tax-saving opportunities for employees.
ESOPs aren't for every organization, but they can be perfect solutions for many businesses. When done right, ESOPs provide employees with great retirement benefits and serve as reliable exit vehicles for owners.
A few elements need to be in place first, like steady market growth and a positive company culture. If your business is healthy and thriving, an ESOP may be just what you’re looking for.
In this guide, you will:
- Learn how ESOPs operate
- Identify their advantages and disadvantages
- Visualize how they could play into your exit strategy, even years down the road
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