Solutions On Demand

Biz Growth Radio SHOW 4.12 Chapter 12: Ever Consider an Employee Buyout?

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Synopsis

What is an ESOP: Employee Stock Option Plan? ESOP is a kind of employee benefit plan, similar in some ways to a profit-sharing plan; Shares in the trust are allocated to individual employee accounts; Over a $1m in sales, owners want to sell, minimum of 10 employees, profit greater than $200k a year, must be a Sub-chapter S or C Corporation...