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

Strategy Driven

Let’s assume you started a digital marketing agency, a realistic example, given this industry is hot. 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. How does an ESOP work? What would this do to the company’s valuation?

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Fringe Benefits: What Are They and How Are They Helpful

HR Digest

Some of the mandatory fringe benefits that employers are required to provide: Health insurance The health care plans cover visits to primary care physicians, specialist doctors, and emergency care. Anything less than 50 full time employees , does not warrant mandatory provision of health insurance under the ACA. Reduce employee turnover.

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Treat Employees Like Business Owners

Harvard Business Review

Of course, many public corporations offer stock-purchase plans or the like as part of their retirement benefit. And companies — except for the very smallest — can implement an employee stock ownership plan (ESOP), often funded through borrowing. Just look at the supermarket industry to see such ownership in action.

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