Time to Sell Your Business? An ESOP May Be the Answer
APRIL 26, 2019
However, owners often assume that an exit will be as simple as selling the company. Because large exit sales are often in the news. Look no further than the “ entrepreneur ” and “ start-ups ” categories to see what it takes to build a successful company. Selling one’s company to an ESOP, an employee stock ownership plan, does just that. Selling to an ESOP preserves company culture and increases productivity, which generally ensures strong future performance.