When business owners retire or sell
They have several options for how to handle the ownership transition. A good choice for many companies is an Employee Stock Ownership Plan, or ESOP, which can provide value and security to employees, help maintain the company’s legacy, and offer new opportunities for management.
Before committing to this unique business structure, an ESOP feasibility study is critical to help determine the pros and cons of an ESOP. The process is detailed in our whitepaper From Ideas to Action: A Guide to Understanding an ESOP Feasibility Study. Our guide includes information about:
- Components of a feasibility study
- How the study works
- Interpreting data
- Benefits of conducting the study
Read the rest at the source here.