Unlock the potential of your company’s business value! Explore enhanced Employee Stock Ownership Plans (ESOPs) in this dynamic webinar.

Designed for entrepreneurs thinking about a sale of their company, this webinar will guide you through the benefits and process of transitioning ownership to an enhanced ESOP.

Learn how an ESOP can provide a superior monetization event while preserving your control of the company and its legacy. This exit strategy creates a motivated workforce and provides financial benefits to you and your family.

Featuring:

• Harvey Katz, Co-Chair, Employee Benefits & Compensation Department, Fox Rothschild
• Aaron Geibel, Senior ESOP Consultant, USI Consulting Group
• Christopher Arant, Senior ESOP Consultant, USI Consulting Group

See why a supercharged ESOP could be the right exit strategy for your organization.

1. Sell to private equity

BUT, with this option, you lose control of your business.

· Draconian cuts in staff

· Substitution of lesser qualified personnel

· Possible merger with similar businesses with different cultures

· Severe limits on key employee compensation

2. Sell to a strategic buyer

BUT, with this option, you are not paid for your business.

· Total loss of control of business, its board and its legacy

· Immediate loss of administrative departments

· A sale to a strategic buyer will only ensure that you remain with business for about 18 months

3. Sell to existing key business employees

BUT, it’s rare to find key employees interested and willing to buy the business.

· Those seeking work-life balance may be less likely to purchase a business

· The purchase price tends to be much less than the fair market value of the business.

· The business will be required to finance the transaction

Your business is sold to an ESOP for cash and seller notes

· You are paid the FULL value of your business in 5-7 years.

· The business is now owned by an ESOP and can operate FREE of state and federal income taxes.

· Employees are incentivized to grow the business.

Current team remains in control of the business

· ESOP Trustee acts as a passive shareholder.

· The business is managed on a day-to-day basis by the selling shareholder.

· No staff cuts are required.

· No micromanaging of the business by private equity or third-party purchaser is required.

And more benefits!

· The selling shareholder and their family receives enhanced participation in the ESOP (up to 49%).

· Key personnel enjoy enhanced benefits, which drives profitability.

· All participants have the opportunity to “Roth” their ESOP accounts.

· After termination or retirement, ESOP shares are converted to cash and invested in a Roth IRA.

· Future earnings on Roth IRA are tax free.

Register by September 25