Time to Sell Your Business? An ESOP May Be the Answer
Strategy Driven
APRIL 26, 2019
Let’s assume you started a digital marketing agency, a realistic example, given this industry is hot. Over seven years the company develops a solid client base, grows to 16 employees serving 40 clients, with revenues of $2 million annually. Selling one’s company to an ESOP, an employee stock ownership plan, does just that.
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