How the pandemic has impacted older small business owners
Brad Van Horn joins Jim Blasingame to report on how the pandemic has made many senior small business owners consider divesting now rather than re-launching their businesses in the post-pandemic economy.
Category:
Business Acquisition and Divesting, Coronavirus
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Brad Van Horn joins Jim Blasingame to report that it’s easier to use an ESOP for businesses as small as 20 employees, but the sweet spot number is closer to 50-100.
Brad Van Horn joins Jim Blasingame to reveal some of the advantages a business owner can accrue by selling to employees through an ESOP, including significant tax advantages and leaving a legacy.
Brad Van Horn joins Jim Blasingame to describe how an Employee Stock Option Program works and how it’s increasingly a divesting option for owners of small businesses.
Brad Van Horn joins Jim Blasingame to report on the smallest likely size business and level of performance that it takes to transfer ownership from the founder to the employees with an Employee Stock Option Plan.
Brad Van Horn joins Jim Blasingame to report on how the Employee Stock Option Plans (ESOP) landscape has changed to make it easier for smaller firms to transition, including financing and administrative costs.
