How Business Owners, Management, and Employees Can Benefit from ESOPs

Due to the impact of COVID, companies are increasingly focused on seeking ways to reduce corporate taxes, maximize cash preservation and provide competitive employee benefits.  Additionally, the growing desire of baby boomer business owners to either retire or reduce their ownership stake while obtaining liquidity has led to a surge in ESOP discussions and transactions.  We will discuss the pros and cons of the ownership transition options available to business owners and management teams and how they align with the objectives of business owners, management and employees. The attendee of this session will also understand the characteristics of the businesses and objectives of the business owner/management team that typically select the different types of ownership transition options.  Attendees will also have an opportunity to ask questions about ESOPs.