This episode provides some insight into how forecasting can influence the approach to an ESOP transaction. Typically we don't see a lot of forecasts that are overly aggressive as future growth tends to follow historical growth. However, there are circumstances that justify a strong forecast that are going to have some implications in fair market value. Happy Gilmore helps bring to light that sometimes the unlikely can happen as he reminds us all with his crazy hockey stick drives.
Journey to an ESOP & Beyond