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Episode 79: ESOP
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2021Jul 5
Employee Stock Ownership Plan (ESOP). Another way business owners can plan for their exit is an employee stock ownership plan (ESOP). An ESOP is a qualified, defined-contribution employee benefit (ERISA) plan designed to invest primarily in the stock of the sponsoring employer. ESOPs are used to provide a market for the shares of departing owners of closely-held companies to motivate and reward employees. www.bizcoachsteve.com See if your business can qualify for an ESOP and if that should be your exit strategy. #bizcoachstevef #business #smallbusiness #smallbiz #entrepreneur #marketing #leadership #coaching #businessowner #businesscoach #speaking #deathwishcoffee #8oclockcoffee #peetscoffee #cupoprotein

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Biz Coach Steve (Steve Feld)

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