◀ The Principal Blog

Posts tagged ‘ESOP’

First steps of business owners looking to transition

“A journey of a thousand miles begins with a single step.” Laozi Business ownership is a journey, one that includes successes and rewards as well as uncertainties and challenges. Should I/could I/ would I/did I are the first two words of likely a large number of discussions that business owners…

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Successor Management Strategies

“It must be a fragile system if it can be brought down by just a few berries.” Katniss Everdeen, The Hunger Games There are times when a business owner would like to use an Employee Stock Ownership Plan (ESOP) to transition ownership of their company but it just doesn’t work. Sometimes it is…

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