Building Margin 26: ESOP Planning Essentials with Michael Bannon
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In this episode, Steve Coughran talks with Michael Bannon, VP of CSG Partners, about "The Essentials of ESOP Planning." They discuss what an ESOP is, its benefits, and which companies are best suited for it. Michael outlines the steps for setting up an ESOP, legal requirements, and how to align it with long-term goals, while avoiding common pitfalls. This episode provides a clear understanding of ESOP planning to help businesses make informed decisions on employee ownership.
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