Journey to an ESOP & Beyond EP7 - ESOPs for contractors - discussion with Michael Strahan of KPS Bonds out of San Diego CA.
17 snips
Mar 8, 2021 Michael Strahan, a bonding expert, discusses ESOP transactions for contractors. Topics include structuring ESOP deals for bonding, government certifications, and personal indemnity. Insights on transitioning to an ESOP, managing debt, communication with surety companies, and importance of pre-qualifications in bonding.
Chapters
Transcript
Episode notes
1 2 3 4 5 6
Introduction
00:00 • 3min
Implementing ESOPs for Contractors
03:10 • 17min
Exploring Timing and Underwriting in Transitioning to an ESOP
19:45 • 4min
Importance of Communication with the Surety Company and ESOP Transaction Strategies
23:54 • 3min
Analyzing Personal Indemnity and ESOP Transition in Business
26:41 • 4min
Navigating the Importance of Sureties and Pre-Qualifications in Bonding
30:57 • 4min