Articles from our Corporate Partners

Ownership Transition: Why Business Owners Should Consider an ESOP When Exiting Their Business

Every privately held company, whether owned by individuals, a family or private equity, must go through ownership transition at some point. When the time comes, an owner has several options including: create liquidity via a leverage recapitalization using a debt-funded dividend to owners; sell control to a strategic or financial buyer; or sell a minority or majority stake of the company to an Employee Stock Ownership Plan (ESOP).

Retaining Talent through Retirement Plans and Deferred Compensation

With unemployment at historic lows, business owners are faced with significant challenges while trying to attract the talent that will allow them to continue growing their business. However, retaining key talent is even more critical to avoid the disruption caused by having to replace key talent. There are many strategies around retention involving culture, workplace environment, challenging work, etc. We will explore how the utilization of retirement and deferred compensation plans may provide the right financial incentives to retain your key talent.

Written Exit Plans Provide a Variety of Benefits for Business Owners

When you are first beginning the process, planning a business exit can seem overwhelming. There are many steps in the exit planning process, including building business value, developing capable successors and planning exactly what you want to do after you leave. In our experience, designing a successful exit isn’t something that business owners can tackle alone if they want to depart on their terms. So, where should you start?