A Tax-Advantaged Succession Strategy: The Employee Stock Ownership Plan (ESOP)
Join the North Carolina Employee Ownership Center (NCEOC) to learn more about a tax-advantaged succession strategy, the Employee Stock Ownership Plan (ESOP). ESOPs can give a selling owner fair market value for their business, allow employees to build wealth, and keep jobs rooted in the local community. • Business owners have put a lot of hard work into their businesses, and many of them are looking to retire or move on to something new. • Only a small percentage of businesses are passed down from generation to generation, and 80% of businesses never even sell. • Selling to one’s employees ensures that the owner gets fair market value for their business and their employees keep their jobs.
Speaker(s):
Co-Sponsor(s): North Carolina Employee Ownership Center (NCEOC)
After registering you will receive a confirmation email that provides a link to gain access the webinar. Please contact Martha Larson with any questions or issues related to this webinar: 336.757.3804 / mlarson@forsythtech.edu
Fee: No Cost