We have some big news from Acclaro and its managing director and ESOP advisor Chris Best. Acclaro has recently announced that they’re opening a new branch in the Chicago marketing area. This new office will be in addition to their location in Phoenix, Arizona. Chris Best had the following to say about the new office, “The new office in Chicago will better enable Acclaro to serve the business valuation and exit planning needs of our Midwest clients.”
The new Chicago branch will be headed by Glenn Ball, who has has provided tax, accounting, and business valuation services to privately held businesses since 2000. He is an an Accredited Senior Appraiser (ASA) and a Certified Public Accountant (CPA). He also holds the Accredited in Business Valuation (ABV) credential.
This is big news for ESOPs because Acclaro is a leading authority on the valuation of businesses that sponsor ESOPs. They always strive to provide their clients with independent, technically sound, well-researched, and defensible valuation reports. And they’re just the type of company you can form important connections with through the ESOP Marketplace.
Katten Muchin Rosenman advisor and ESOP law expert Ann Kim has contributed a new article to ESOP Marketplace, called “ESOP Fact Sheet”. The article is designed as an in-depth introduction to ESOPs, and, aside from clear explanations of the plan’s nature and tax benefits, includes a preliminary checklist that can show, in no-nonsense terms, whether an ESOP is right for your company. The article also includes case studies of ESOP transactions and the impact they can have on company cash flow, vs. other types of buyouts.
Click to read the article today!
Chris Best, our most recent addition to the ESOP Marketplace, will be presenting at the upcoming National Center for Employee Ownership seminar.
The National Center for Employee Ownership (NCEO) is an organization that serves as the leading source of accurate, unbiased information on ESOPs and other compensation plans. The NCEO has done a lot of great work in our field and they’ve helped to move this industry forward. For more information about the NCEO and their contributions to ESOPs you can read our interview with the founder, Corey Rosen.
The title of the seminar Chris Best will be presenting is “Determining Stock Value.” During the presentation, Chris will clarify the process used to value ESOP-owned shares in an S corporation. It’s a presentation that Chris Best is highly qualified to present as the managing director at Acclaro Valuation Advisors. That’s why Chris is the featured ESOP advisor for our business valuation section. If your business needs help with its valuation efforts, you can’t go wrong by enlisting the help of Chris Best.
Katten Muchin Rosenman advisor and ESOP lawyer Ann Kim has a number of articles featured on ESOP Marketplace. One of those is “Employee Stock Ownership Plans in Corporate Transactions”, an explanation of ESOPs in corporate transactions, the structure of such plans as part of leveraged buyouts, and the tax benefits that an ESOP can bring.
Click to read the entire article now!
Visitors to ESOPMarketplace.com can now read an article by Katten Muchin Rosenman advisor Ann Kim. The article, the first in a series, explains the Katten advisor profile, and lists a number of tax benefits that can be gotten by implementing an ESOP. To find out more, check the article on ESOP tax benefits right now!