After working hard to build a successful business, you want to see it live on after you hand over the reins to the company. Who knows your business better than you and your employees? This is why so many closely held businesses in construction and contracting choose...
Employee Stock Ownership Plans (ESOPs) are the most common and successful employee ownership model in the U.S. and have become a popular alternative to traditional M&A transactions for business owners looking to exit – either partially or completely –...
In addition to its well-known structural benefits, an ESOP can be an extremely attractive incentive plan for business owners who have a pool of strong managers willing to lead the company moving forward. Often, a sale to an ESOP can be more rewarding to the next...
Governance in the Dictionary means: “to Govern.” The Dictionary term for Govern is: “to direct the actions and behaviors of others.” With the stories of Enron and others relating to bad governance and Sarbanes Oxley impacting public...