--- title: Is an ESOP Right for You? | ESOP Feasibility Online Quiz description: Want to know if your company is a good fit for an ESOP? Take this 7 question feasibility quiz to learn more now. image: https://www.esoppartners.com/hubfs/new-site/images/woman-taking-quiz-contemplating.jpg --- # Is an ESOP Right for Your Business? ![hero-line](https://www.esoppartners.com/hubfs/new-site/images/hero-line.svg) Take our quick 5‑minute quiz to discover if an Employee Stock Ownership Plan aligns with your goals — and get instant results via email. We’ll start with the easiest questions. Can we get your name and role? First name:* Please Enter Your First Name Last name:* Please Enter Your last Name Email:* Please Enter a valid Email Address What Best Describes You?* Please Select President/CEO CFO/Controller HR Manager Professional Services ESOP Professional Other Please Select a valid option What Best Describes You? (Please Specify)* Please enter your role as best you can How about your company name and location? company name:* Please enter your company name city:* Please enter your city state:* Please enter your state It’s helpful to know how many full-time employees work at your company. Select one. Fewer than 10 employees 10–25 employees 26–249 employees 250–500 employees More than 500 employees We think you would benefit from a feasibility analysis. In some cases, a full-time employee headcount of fewer than 15 employees can pose compliance challenges, but with the right guidance and expertise, you may be able to successfully transition your company to an ESOP. We recommend you contact us for a no-cost feasibility analysis to explore your options and learn more. ![Green loading spinner](https://www.esoppartners.com/hubfs/ESOP%20Quiz%202021/Spinner-1s-200px.svg) Thanks! Your e-mail will arrive in your inbox within a few minutes. That’s great! Technically, there are no hard and fast requirements or upper limits to the number of employees an ESOP can include. In fact, many companies find that an ESOP sale puts them in a strong position to grow after the transition. What’s essential is a solid plan that sets your company up for long-term success. Which of the following comes closest to your overall sense of your company’s readiness for an ownership transition? We have a clearly articulated and documented management succession plan in place, and my team and I agree we should learn more about/pursue employee ownership. I’m 100% on board with employee ownership, and I could use help communicating the process and the benefits to my management team. I’m in the earlier stages of gathering information and understanding my ownership transition and exit strategy options. We’ve got some information we think you can use. We can help you explain how an ESOP works. Not quite sure? Compare your options. It sounds like you’re ready to learn more about how an ESOP works. Our tip sheet, *ESOP Company Board of Directors Responsibilities*, reviews the importance of a strategic, long-term focus in corporategovernance, process documentation, and more. *Just click the button and your tip sheet will be on its way to your inbox!* We’ve got just the thing to help you — an infographic that can help you explain the structure and mechanics of an ESOP company to your leadership team. *Just click the button and your tip sheet will be on its way to your inbox!* If you’re just getting started investigating your exit strategy, it can be helpful to see your options compared. Our eBook, *Your Ultimate Guide to Business Exit Strategies*, reviews the pros and cons of the different ways business owners can get liquidity and long-term value from their exit strategy. *Just click the button and your tip sheet will be on its way to your inbox!* ![Esop insights tip sheet](https://www.esoppartners.com/hubfs/ESOP%20Quiz%202021/iconAsset%203.png) send me a copy ![Mechanics of ESOP Transaction Guide](https://www.esoppartners.com/hubfs/ESOP%20Quiz%202021/2Asset%204.png) send me a copy ![Ultimate Guide to Business Exit Strategies](https://www.esoppartners.com/hubfs/ESOP%20Quiz%202021/3Asset%205.png) send me a copy ![Green loading spinner](https://www.esoppartners.com/hubfs/ESOP%20Quiz%202021/Spinner-1s-200px.svg) Thanks! Once you complete this form, a copy will be sent to your inbox. Which of the following best describes your timeline for business succession and sale? Less than one year 2–4 years 4–6 years 6–10 years Reach out. We’re ready to help. It’s a great time to consult with a professional. If you and your business are in the right place, it IS possible to create an internal market and a built-in buyer in 90 to 120 days. Where to begin? Request a no-cost feasibility analysis. Whatever your timeline, it’s valuable to consult with an expert from the beginning. You’ll get advice on process documentation, succession planning, culture and communication, and more, all with a goal of the best possible outcome for you and your company. ![Green loading spinner](https://www.esoppartners.com/hubfs/ESOP%20Quiz%202021/Spinner-1s-200px.svg) Thanks! Your e-mail will arrive in your inbox within a few minutes. Which of the following best describes your feelings about your company? I care deeply for my company, employees, and community, and I want my exit to be as smooth as possible, and leave a lasting, positive legacy for years to come. I have close, caring relationships with a few employees, but for the most part, employees are not deeply engaged with the well-being and growth of the company. Employee perceptions of my departure or sale of the company are not among my highest priorities. An ESOP can be a win-win for you and your employees. Employee ownership is about leaving a legacy, too. No matter where you are in the process, the guidance of an experienced team of ESOP consultants can make the transition smoother, easier, and more predictable. In general, companies with strong employer-employee relationships and cultures of strong communication are more likely to experience a smooth transition through the ESOP transaction. ESOP Partners’ experts in ownership culture and communication can advise your team and help prepare the way. A successful ESOP sale starts with healthy employee relations and strong company communication. If you need help putting plans and practices in place, ESOP Partners’ experts in ownership culture and company communication can offer advice to get started establishing the conditions that can support a better outcome. Ballpark information on just a few essential numbers can tell us a lot about whether your company is an ideal fit for an ESOP sale. Depending on revenue, EBITDA, and tax liability, some companies find that an ESOP’s tax benefits can outweigh initial transaction costs. Yes, an ESOP can pay for itself! EBITDA:* Please Select Less than $500k $500k - $750k More than $750k Please enter a valid EBITDA value Depreciation:* Please enter a valid value Estimation of Enterprise Value:* Please enter a valid value Your results suggest that an ESOP may be a great exit strategy for you, and a great way to set up your company for future success! An expert from ESOP Partners can answer your questions. GET CLARITY ON YOUR EXIT STRATEGY AND COMPANY SALE OPTIONS. *Request YOUR no-cost, no-obligation feasibility analysis from ESOP Partners.* An Employee Stock Ownership Plan is a great way for many business owners to access liquidity and control their exit from the company while leaving a legacy for employees and their community. Sometimes, additional information is needed to determine the best path forward. Your responses suggest that you speak with an expert at ESOP Partners about the many factors that contribute to how your ESOP transition can be successful. A great place to start is to request a no-cost, no-obligation feasibility analysis. ![Green loading spinner](https://www.esoppartners.com/hubfs/ESOP%20Quiz%202021/Spinner-1s-200px.svg) Thanks! Your e-mail will arrive in your inbox within a few minutes. * Please Select one of the checkboxes Prev REQUEST A FEASIBILITY ANALYSIS REQUEST A FEASIBILITY ANALYSIS NOW LET’S WRAP IT UP GET MY RESULTS Next