Journey to an ESOP & Beyond
Phillip Hayes and Jason Miller
ESOPs are gaining traction. In the "Journey to an ESOP & Beyond” podcast, Phillip Hayes and Jason Miller explain the process of the ESOP transaction and address ESOPs from a business owner's perspective. They illuminate the simplicity of ESOPs and debunk common misconceptions that ESOPs are immensely costly and complicated.
Episodes
Mentioned books
Oct 22, 2020 • 40min
EP44 - Who is in control of my ESOP - Interview with ESOP trustee - Neil Brozen, Minneapolis, Minnesota
This episode helps to explain the role of the board and trustee to shed some light on who is in charge of an ESOP company
Oct 13, 2020 • 30min
EP43 - Norm! Normalization adjustments for business valuation of ESOPs
This episode focuses on explaining the process of doing normalization adjustments to properly estimate cash flow for a company's business valuation. Normalization adjustments can make a big difference in your numbers on your planning for an ESOP.
Oct 8, 2020 • 33min
EP42 – Interview with Greg Daugherty, ESOP attorney from Columbus OH to discuss 401(k), ESOPs and KSOPs.
This is our 2nd interview with Greg Daugherty with Porter Wright in Columbus, OH. Greg and I discuss the planning side of what companies will do with their existing 401(k) plans when you combine them with a brand new ESOP. What are the issues behind safe harbor and highly compensated people. Additionally, what is a KSOP and when would we want to incorporate their use in the planning of your new ESOP.
Sep 29, 2020 • 38min
EP 41 - What is one thing you would do as President? Strategic Planning for companies going ESOP
This episode covers an overview of how to do strategic planning in a step by step process to be prepared to move through the ESOP process with an advantage that provides higher valuations and more sustainable results.
Sep 21, 2020 • 29min
EP40 - Interview with Tim Jochim - ESOP Attorney - The Godfather of ESOPs
This episode provides a guide for company owners considering an ESOP through an interview with a very experienced ESOP attorney from the Midwest. We discuss many things including what makes a good target company for an ESOP and how to find the right ESOP team to facilitate a healthy transaction.
Sep 11, 2020 • 22min
EP39 - 1042 - set hike - tax play for an ESOP
This episode provides an overview of the 1042 tax treatment for Capital gains tax deferral benefits applied to an ESOP transaction.
Sep 4, 2020 • 32min
EP38 - Interview with ESOP company - Southeastern Surveying and Mapping...Brian Garvey - Orlando, FL
This episode allows us to look at the ESOP transaction process from the point of view of one of the key corporate managers going through the process. Brian and his fellow managers had the opportunity to purchase the company as an MBO but decided on a 100 percent ESOP instead. This is a very informative episode.
Aug 28, 2020 • 30min
EP37 - SAR - a long, long way to run
This episode covers the details behind how SARS - Stock Appreciation Rights programs are utilized in ESOP transactions as management incentive plans.
Aug 22, 2020 • 37min
EP36 - Interview with Andy Daly and Stephen Eide - ESOP attorneys from Minneapolis, MN
This interview is titled: "Things I wish I knew before I did my ESOP deal." We will cover the wrong expectations of sellers on ESOP deals and some areas that are good to know before you go into the planning process.
Aug 17, 2020 • 23min
EP35 - Bill and Ted - Face The Music of 409(p)
In this episode we find both Bill and Ted dealing with 409(p) issues related to their ESOP deal that they did back in EP 19 "Bill and Ted's ESOP adventure." They had made some mistakes and now have issues with disqualified people and violations with their S-Corp ESOP - find out how they solve their 409(p) issues.
