As one nears retirement age, a difficult dilemma emerges: Do you sell your business, walk away from your life’s work and pay a huge amount of tax for the privilege?
Fortunately, there’s another option: an Employee Stock Ownership Plan (ESOP). An ESOP lets a business owner:
- Sell their business for an excellent sales price
- Move into retirement without surrendering control of their business
- Utilize key tax savings
- Protect their company’s culture and their business legacy
- Stay involved with their business in a mentorship role
The ESOP Coach unpacks the complex topic of an ESOP and explains it in an understandable, clear way. This book was written with business owners in mind with an overview of the ESOP process and numerous case studies featuring examples of ESOP transactions.
