Business owners who are in the midst of succession planning or considering selling their businesses have many options, some of which can be confusing! If you want to maintain an active role in your business during retirement, while empowering your employees to work hard to achieve the greatest results, an Employee Stock Ownership Plan (ESOP) may be the best way to go.
An ESOP can provide the greatest overall benefits to you as the seller and to your valued employees. This type of sale can also provide long-term sustainability for the business you worked so hard to build, all while still maintaining control.
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