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Time to Sell Your Business? An ESOP May Be the Answer

Strategy Driven

It’s easy to start out as a solo practitioner and build a company as the skills from one’s career are directly transferrable, and overhead is quite low. Over seven years the company develops a solid client base, grows to 16 employees serving 40 clients, with revenues of $2 million annually. How does an ESOP work?

ESOP 51
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Treat Employees Like Business Owners

Harvard Business Review

Many large corporations manage to find big bundles of shares (and huge amounts of cash) for executive compensation, even though there’s little relationship between senior-management pay and financial results. It takes a careful mix of mission, management, and culture. It doesn’t have to be. Insight Center.

ESOP 8