ESOP Blog

“Responsibility equals accountability equals ownership. A sense of ownership is the most powerful weapon a team or organization can have.” – Pat Summit, former national

Are you considering what it would look like to exit your business in a few years time? Or perhaps you’re already at the stage where

The simple fact is that ESOPs are here to stay as an effective and powerful business succession strategy. This isn’t merely wishful thinking from a

A Senate committee has approved a measure to expand employee access to workplace retirement plans. It seems like a simple enough statement that might not

“Every exit is an entrance somewhere else.” – Tom Stoppard The reality you never could have imagined, all those years ago, is here. Business exit

ESOPs (employee stock ownership plans) have historically been misunderstood. As a result, they haven’t always been as popular as, say, opting to sell outright to a private equity group.

An ESOP (Employee Stock Ownership Plan) is a type of employee benefit plan that gives employees stock options and allowing them to buy shares in the company at a set price. 

Employee stock ownership plans (ESOP) are becoming increasingly popular, not just as a viable succession plan for business owners, but also for the company.

“Train people well enough so they can’t leave, treat them well enough so they don’t want to.” – Richard Branson

“Paying your employees well is not only the right thing to do, but it makes for good business.” – James Sinegal

“The added cost of higher wages is offset by savings from lower labor turnover and higher labor productivity.” – Anonymous

“You don’t build a business – you build people – and then people build the business.” – Zig Ziglar