Forward-thinking business owners want to create a succession plan that preserves their legacy and benefits the organization. Understanding employee stock ownership plans, ESOPs, and how they can impact a business, the employees and a community can be a perfect option for savvy leaders to explore.
Read MoreLooking for a quick bird’s eye view of Employee Ownership resources throughout Minnesota? Check out this article written by Minnesota Chamber of Commerce business owners looking for business succession support.
Read MoreFeatured in the Minnesota Society of CPA's September Footnote magazine, Sue Crockett explains the upcoming fate for many baby boomer owned businesses.
Read MoreWhile many businesses in the next two decades may pass to the next generation, a large portion of them will be sold — many of them to an Employee Stock Ownership Plan, or ESOP. How do you know if an ESOP is a good option for your company?
Read MoreAn Employee Ownership Trust (EOT) exists to benefit both current and future employees. With looser ties to the Internal Revenue Code and U.S. Department of Labor regulations, forming an EOT is likely to be less costly than an ESOP. Read on to read more.
Read MoreRead this story to hear how Kelso, a lawyer and economist, set out to bring employee ownership to America.
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