Small Biz Ahead
A Podcast By Small Business Owners, For Small Business Owners
2 years ago

Employee Ownership Options

Episode Notes

Hey everybody. This is Gene Marks and welcome to the Small Biz Ahead podcast for this week. I want to talk about something that I think is really important to a lot of business owners around the country and that’s selling your business. When you look around at businesses that are thinking of an exit plan that have a succession strategy, at least putting one into place, they’re looking for a good buyer for their business and also at the same time, a good way to make sure that they take care of their employees. I recently wrote about this and interviewed some business owners in particular, that were involved in employee stock ownership plans. And what I’ve learned is that ESOP’s employee stock ownership plans, or even co-ops any availability of employee ownership is really a great way to eventually sell your business over time.