This session is for business owners who wish to explore the ESOP concept, but perhaps are not quite sure if an ESOP is right for their company. The speaker will cover the financial feasibility of installing an ESOP, highlight the tax and legal considerations, and discuss employee ownership from an economic and corporate governance standpoint. The target audience is owners of privately held companies. NCEO Resource: Selling to an ESOP
Learning Objectives:
Determine whether the ESOP is a viable exit strategy for owner(s)
Understand, through the speaker’s experience, some of the potential pitfalls and roadblocks to setting up an ESOP
Learn what “employee-owned” really means, both from both an economic standpoint and a corporate governance standpoint
