Webinar length: 60 min.
|Business and ownership succession is hard for any industry, but it can be even harder for contractors. For some, selling to employees through an Employee Stock Ownership Plan (“ESOP”) can be an attractive alternative to other sale options. ESOPs have become especially popular in the construction industry, allowing the company to remain independent, reward employees with ownership, and capitalize on tax incentives available to ESOP-owned companies.
GBQ’s business valuation and construction teams present guidance to help solve business and ownership succession challenges, and steps to determine if an ESOP makes sense for your construction company, including:
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