Why Are ESOP Companies More Profitable Than Non-ESOP Companies?Learn more June 10, 2013 Timothy L. Stewart Continue reading
Shoe Company Founders use ESOP as Succession PlanLearn more May 23, 2013 Timothy L. Stewart Mandy Cabot and her husband, co-founders of Dansko, a Pennsylvania shoe-making company which employs 180 people, decided last February to create their own buyer for their business by implementing an ESOP. Continue reading
ESOPs Allow Business Owners to “Cash Out” of an Otherwise Illiquid AssetLearn more May 17, 2013 Timothy L. Stewart We have written a great deal over the last few months about the tax, employment continuity, production and other advantages of using ESOPs in succession planning. However, “succession planning” is not the exclusive motivator for a business owner to use an ESOP. Many business owners often hear from their wealth management professionals that “asset diversity” is a key for stable retirement planning. Yet, many of these business owners are powerless to diversify from their single biggest asset: their business! Continue reading
How ESOP Deals are Typically FinancedLearn more May 09, 2013 Timothy L. Stewart employee stock ownership plan ESOP Deals Financed Continue reading
What’s Brewing with ESOPs Volume IILearn more April 26, 2013 Timothy L. Stewart ESOP craft brewery Deschutes Brewery In what can now be considered a trend, another craft brewery has announced that it has established an ESOP and made its first contribution of employer stock. The brewer is called Deschutes Brewery, and it is the fifth-largest craft brewer in the country. This announcement follows New Belgium Brewing Company’s announcement of establishment of its own ESOP earlier this year (which was a subject of this ESOP Blog post last month). Continue reading