The decision to sell your company can be a difficult one.  Most business owners who have developed their company want to insure that the business continues to be operated in a quality, ethical manner, and that their employees continue to be treated with respect and receive fair compensation. 

In searching for the right buyer, one of the most favorable buyers available, the Employee Stock Ownership Plan (ESOP), is often overlooked.   By selling your shares to an ESOP you ensure that the company will be in good hands.   Plus, the ESOP will pay fair market value for your shares.  

ESOPs are not just for large, publicly-traded corporations; in fact, most ESOPs are found in companies with fewer than 100 employees.

Our ESOP development team can develop your ESOP to help you meet your goals, and to establish the tax advantages available to a qualified plan.   Our services include:

Ø      Development of a Feasibility Study to determine if a leveraged ESOP is viable for your organization and if it qualifies for the tax advantages an ESOP provides.

Ø      Development of an ESOP Plan document tailored to your needs.

Ø      Determine the Fair Market Value of your company using a certified business appraiser.

Ø      Assist in preparing documents to present to a lender to finance the ESOP resulting in payment of the Fair Market Value for your shares.

If you would like to discuss how an ESOP can benefit your company, we would be happy to visit with you and explain the process.