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

Strategy Driven

However, owners often assume that an exit will be as simple as selling the company. Because large exit sales are often in the news. 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. Selling one’s company to an ESOP, an employee stock ownership plan, does just that. How does an ESOP work? Entrepreneurship business management ESOP Exit Strategy strategydriven