Incentivizing the Next Generation of Leadership with an ESOP

Incentivizing the Next Generation of Leadership with an ESOP by Blake Head an ESOP Advisor.

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 generation of leadership than a sale to an outside party. Through an ESOP, the next generation of leaders can drive growth of the business while reaping the economic benefits of that growth through a management incentive plan ("MIP"), warrants, and ESOP share allocations.

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