EMPLOYEE STOCK OWNERSHIP PLANS
(ESOP)
The ideal profile for an ESOP client is:
Owners looking to sell all or a portion of their business equity
Qualifying payroll of $1,000,000 or greater
Adjusted / Normalized EBITDA of $1,000,000 or greater
$5,000,000 or more in business equity value
20+ employees (S Corp) 5+ employees (C Corp)
EMPLOYEE STOCK OWNERSHIP PLAN PROCESS
(Typically 6-9 months)
Design & Valuation Analysis (60-90 days):
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Review of corporate financials
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Determine shareholder goals & objectives
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Business valuation conducted
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Design of ESOP strategies
Implementation & Post-Closing Activities:
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Coordinate and negotiate plan and trust documentation
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Certify placement and coordination of stock sale
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Assist with rollout presentation of ESOP plan to employees
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Finalize ESOP transition plan with all concerned parties including the company, legacy shareholders, and employees.