|
 |
||||||||||
 |
|||||||||||
|
ESOP (Employee Stock Ownership Plan) In certain circumstances, we can help facilitate the sale of your business to your employees. In most cases, your employees do not need to purchase the shares of your company. As such, your employees need not have financial capability to buy your company. While an ESOP transaction can be very complex, it can create tremendous tax benefits to the business owner (you), the employees and to the Company. If structured properly ·
If properly structured, a Business owner can sell his/her shares with little or no current Federal or State
tax due. For example, on the sale of
a $5 million business, the result could be an extra $2 million going “to your
wallet.” · The Company can essentially get a tax deduction for purchase price payments made to the owner (via the ESOP Trust). · Employees can receive ownership in the Company. An ESOP is a terrific way to take some of your sweat equity out of your company while giving your employees the opportunity of business ownership.You need not sell 100% of your Company to obtain these benefits; a minimum of 30% is needed. Please contact us for details. |
 |
 |
|
 |
|
