ESOP Employee Stock Ownership Plan- Advantages and Drawbacks

ESOP Employee Stock Ownership Plans. The Three Consulting Amigos discuss benefits and drawbacks of an ESOP for companies, owners, sellers and employees. Few companies use the ESOP as a way to divest ownership with the employees. It has several benefits including building a strong retirement for long term employees, and ownership, while providing an exit plan for owners. Ed Lasak takes the lead as a CPA and Exit Planning expert with Ray Anderson and Ron Burgess commenting. The Three Consulting Amigos represent over 75 years of consulting with small businesses to enhance success, grow revenue and profits. MicroGiants is a non-profit organization dedicated to mentoring and advocating for small business owners. See the website at http://www.MiroGiants.biz Contact an Amigo: Ed Lasak [email protected] Ray Anderson [email protected] Ron Burgess [email protected]