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What is An Employee Stock Ownership Plan (ESOP)?
Manage episode 306298949 series 2823756
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In my book, Family Business Legacy Plan, I teach you about business exit strategies without paying too much in taxes. An Employee Stock Ownership Plan is a popular alternative that involves the sale of the business. An ESOP is different from the traditional exit strategies. An ESOP can assist the business owner in several ways including estate planning, tax savings and retirement planning. Choosing ESOP allows small to medium size companies to create a plan for dual legacy: one for their family and one for their employees. Request your complimentary consultation by clicking on the following link: https://financiallegacy.live/
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