JOURNEY TO AN ESOP
Dedicated to our clients for the past 65 years.
THE POWER OF AN ESOP
The ESOP Guy works closely with clients throughout the ESOP process to provide customized services that identify opportunities and issues. Our approach ensures that your transaction conforms to the Department of Labor (DOL) process agreement.
Journey to an ESOP
Have you determined the best succession or exit strategy for your business? In this podcast, Phillip Hayes explains how an ESOP might be the right plan for your business.
Benefits to Selling Shareholders
The complexities and expense of moving through the ESOP process can significantly detract from the benefits that an ESOP solution creates. Therefore, there is a need to clarify the process of a potential ESOP transaction early on in the process.
Employee Ownership is a powerful business succession option and a valuable tool to encourage employees, increase productivity, improve worker retention, keep jobs local, contribute to business longevity, and so much more.
of an ESOP
ESOPs offer substantial tax benefits to business owners and their companies. Essentially, ESOPs are supplemental employee benefit plans which allow employees to participate in the financial growth of their company by accruing shares over time. Multiple studies show ESOPs correlate with increased employee productivity and boosted innovation. Organizations that utilize ESOPs also tend to boast high retention rates with employees that favorable attitudes towards the organization.
WE CAN HELP
Implement an ESOP
From Start to Finish
Ready to enjoy the benefits of employee ownership? The ESOP Guy will walk you through the whole process.
Already have an ESOP
Long before they were fashionable, we have been managing ESOPs. You will notice the difference immediately.
Ownership: Reinventing Companies, Capitalism, and Who Owns What
Corey Rosen & John Case
Employee ownership creates stronger companies, helps workers build wealth, and fosters a fairer, more stable society. In this book, two leading experts show how it works—and how it can be greatly expanded.
Richard Haines, CEO
Joe Hurt, President
RLH is proud to have transitioned to a 100 percent employee-owned business. We appreciate the value that Berman Hopkins sell-side advisory team provided us. Working with “The ESOP Guy,” we felt informed, prepared, and confident throughout each of the steps on our Journey to an ESOP. We would highly recommend them to any selling shareholder’s considering an ESOP for their business!
In planning my company’s 100 percent ESOP transaction, the sell-side advice of “The ESOP Guy” proved invaluable by making the ESOP transaction process straightforward, efficient, and fun!
We appreciate their expertise in helping us work through the ESOP process, as they were critical in the steps they took to create a successful transition.