Author: Sheila Seck

Finance, Money

Is an ESOP Right for Your Company?

These plans can reward employees and help owners prepare for an exit.   Employee Stock Ownership Plans, or ESOPs, are a popular way for business owners to transition the company’s ownership to its employees. An ESOP is also a retirement plan that allows employees to get tax benefits that are not available in other buy-sell structures. An ESOP … » lets employees participate in the company’s success »  aligns employee…