This session is tailor-made for business owners who are intrigued by the idea of an ESOP but are unsure if it's the right fit for their company. We will delve into various aspects, including the financial feasibility of implementing an ESOP, the pertinent tax and legal considerations, and an exploration of employee ownership from both an economic and corporate governance perspective. Our primary audience comprises privately-held company owners who are considering this unique approach to ownership and management. Join us to gain valuable insights and make informed decisions about whether an ESOP is the right choice for your business.
Learning Objectives:
Decide whether an ESOP is a viable exit strategy for them versus other forms of business succession. It includes an understanding of particular businesses conducive to ESOPs.
Convey, through the speaker’s experience, some of the potential pitfalls and roadblocks to setting up an ESOP.
Better understand what “employee-owned” really means, both from an economic standpoint and a corporate governance standpoint.
Chuck Bachman, n/a (he/him/his)
Senior Counsel Menke & Associates Burlingame, CA
Dawn Goestenkors (she/her/hers)
Executive Vice President Ti-Trust, Inc. Quincy, IL