Employee stock ownership plans have long been an exit strategy for companies, but they are still misunderstood. Kelly Finnell shares his passion and expertise with ESOPs from his 40 years of specializing in them. Beyond the definition of an ESOP, Kelly offers his insights into the history of ESOPs, the tax benefits they present to owners and employees, what metrics a company should have for an ESOP, what companies would be poor candidates for an ESOP and stories of the successes and challenges involved with an ESOP.

View the complete show notes for this episode.

Learn More:

• Should I use SDE or EBITDA to Value a Business?
• Additional Ways to Market Your Company for Sale

Additional Resources:

• Download a free pdf copy of The Art of The Exit: The Complete Guide to Selling Your Business
• Purchase your copy now of A Beginner’s Guide to Business Valuation | The Exit Strategy Handbook | Closing the Deal | Acquired
• Planning to sell your business? Schedule a free consultation today.
• To suggest guests, topics, or questions for future podcast episodes, contact Morgan & Westfield.

Listen to Other Episodes:

• Should You Consider an ESOP When Selling Your Business? 
• Selling Your Business to Your Team Through an ESOP 
• Healthcare M&A – ESOPs Made Clear