An Employee Stock Ownership Plan (ESOP) can offer a number of benefits for privately-held companies, including faster growth, increased employee motivation and productivity, and a range of tax benefits. It can also provide more flexibility and liquidity for a company’s succession planning and transition needs. Determining whether to implement an ESOP may be one of the most important decisions a private company business owner can make.
This short video provides an overview of the mechanics of how an ESOP works:
Want to learn more about ESOPs and whether you should consider establishing one for your business? We recently released a series of video clips on this topic in our Member Portal, including:
- What makes a good ESOP candidate?
- ESOP pluses and minuses - the owner's perspective
- Dynamics of an ESOP - a CEO's perspective
- An overview of Bradford White's ESOP, from the Chairman
To access these videos, as well as all our tools and resources for private companies, log into the Member Portal:
