Four part series on why you should look at using an Employee Stock Ownership Plan for your business transition.
An ESOP is a kind of employee benefit plan, similar in many ways to qualified retirement plans and governed by the same law (the Employee Retirement Income Security Act).
This article looks at how ESOPs such as Sleep Train and Kentwood Office Furniture were financed and the rules you must comply with to have an ESOP.
Determining If Your Are a Good Candidate for an ESOP.
How to sell your company directly to employees including using a: direct sale for the entire value, gradual sale, installment sale, intentional grantor trust, or a private annuity.
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