Posted Aug 27 2018 6:40 PM by KSM An important decision for every business owner is how to handle retirement. There are many possible scenarios to consider, each with its own benefits and drawbacks. Should the business close entirely or sell off to a larger operation? Is there a family member who could take over?
Posted May 15 2018 7:55 PM by Mark Flinchum Employee stock ownership plans (ESOP) were traditionally viewed as acquisition vehicles used in transactions involving manufacturing or other capital-intensive businesses; however, more often, ESOPs are being considered and successfully used for the transition of ownership in professional services firms.