
EP7 - ESOPs for contractors - discussion with Michael Strahan of KPS Bonds out of San Diego CA.
Journey to an ESOP & Beyond
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Importance of Communication with the Surety Company and ESOP Transaction Strategies
This chapter emphasizes the significance of transparent communication between contractors and their surety company, highlighting the planning process involving meetings with various parties to strategize for the future. It also explores tax-retained earnings, AAA distribution, and maintaining financial balance in ESOP transactions.
Transcript
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