Ted Lape

An experienced professional in the banking industry with a focus on helping clients set up Employee Stock Ownership Plans (ESOPs) at their companies.

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Sep 6, 2023 • 36min

How to Use Employee Stock Ownership Plans (ESOPs) to Optimize Your Business with Ted Lape

Ted Lape, an experienced professional in the banking industry, discusses Employee Stock Ownership Plans (ESOPs). Ted explains the mechanics, steps, and benefits of ESOPs compared to direct sales. He also touches on financing options, the involvement of professionals, and why more business owners don't choose ESOPs. This episode provides valuable insights into how an ESOP can help business owners optimize their businesses and ensure a legacy.