ESOPs and Worker Cooperatives

In the looming "Silver Tsunami" of retirements among baby boomer business owners, a staggering reality emerges: half of all U.S. businesses are owned by those over 55, with many lacking a proper exit plan. This impending wave risks washing away millions of businesses and jobs. Yet, for small business owners unable to find suitable buyers or disinterested family successors, selling their business becomes a formidable challenge. As advisors, expanding your expertise to include employee ownership in exit planning is a valuable asset. Designed for small business advisors and professionals navigating business succession, this CPE course equips you with the essential knowledge to champion employee ownership. By adding this strategy to your service portfolio, you empower small business owners to explore a sustainable exit plan. Aimed at inspiring and activating advisors, this module facilitates a comprehensive understanding of employee ownership, nurturing a robust network of professionals proficient in executing these strategies. Key Topics: Grasp the structure, purpose, and fundamental features of ESOPs Navigate the ESOP transaction process and explore financing avenues Uncover the advantageous tax landscape surrounding ESOPs Delve into the governance and administration intricacies of ESOPs This CPE Finance webinar is to enable advisors to identify, educate, and guide small business clients toward appropriate employee ownership forms, including the intricate Employee Stock Ownership Plans (ESOPs). By the end of this course, participants will confidently comprehend ESOP structures, grasp their significance, assess tax benefits, and delve into governance and administration aspects.