A New Day In Employee Ownership

Many of you may be contemplating the sale of your company.  One way to transition your company is through employee ownership, specifically an ESOP (Employee Stock Ownership Plan).

This transaction has tremendous tax advantages for the seller and for the company once the transaction is completed.  Another upside to employee ownership is that it spreads the wealth of the company to everyone who has helped build the company.

If these points appeal to you, I would encourage to explore the world of employee ownership.  The following websites will link you to organizations that offer information and education about employee ownership.  I encourage to explore these links and the information they contain.

• www.esopassociation.org
• www.nceo.org
• www.kent.edu/oeoc
• www.esca.us

Flickr photo by maco

Comments

[Mike Wagner]

Thanks for the links Victor.

I didn't know about the Kent State site. It looks very helpful.

Hope you're having a rousing good Monday.

Keep creating,
Mike