Journey to an ESOP & Beyond

This episode provides an overview of the 1042 tax treatment for Capital gains tax deferral benefits applied to an ESOP transaction.

This episode allows us to look at the ESOP transaction process from the point of view of one of the key corporate managers going through the process.  Brian and his fellow managers had the opportunity to purchase the company as an MBO but decided on a 100 percent ESOP instead. This is a very informative episode.

This episode covers the details behind how SARS - Stock Appreciation Rights programs are utilized in ESOP transactions as management incentive plans.

This interview is titled: "Things I wish I knew before I did my ESOP deal." We will cover the wrong expectations of sellers on ESOP deals and some areas that are good to know before you go into the planning process.

In this episode we find both Bill and Ted dealing with 409(p) issues related to their ESOP deal that they did back in EP 19 "Bill and Ted's ESOP adventure."  They had made some mistakes and now have issues with disqualified people and violations with their S-Corp ESOP - find out how they solve their 409(p) issues.

This episode is dedicated to the newly created Florida non-profit called FLCEO or Florida Center of Employee Ownership.  We interview John Burgess, a board member of the organization and practicing ESOP attorney in Tampa, Florida discusses the mission of providing resources to those interested in an Employee Stock Ownership Plan.

This episode helps to evaluate the need in your organization for accountability and it's impact on your company converting to an ESOP.  In a statistic from Forbes magazine - 93 percent of employees don't even understand what their organization is trying to accomplish - how can they be accountable...to what?

This episode is a recording of a negotiation of an ESOP transaction to illustrate the offer and counter offer aspects of an ESOP transaction with insight into key areas like valuation and synthetic equity to better understand the process of negotiation from both the sell-side and buy-side  perspectives.

This episode focuses on the issues related to customer concentration and how it affects your ESOP transaction.  The podcast provides recommendations to plan through this issue for your transaction and boost your value in the process.

This interview with Jack Veale dives into helpful information for companies looking at ESOP using tips from Jack's book "Creating Strategic Innovation"

This episode highlights the best practices for the negotiation of an ESOP transaction.   It works through each step of the ESOP process and recommends preparation, the right team, and alignment with goals and objectives.

This episode is helpful to explore you business culture in ways to prepare for an ESOP.   "Culture eats strategy for breakfast" Peter Drucker

This interview digs into the issue of interim valuations and how they might be used during an economic downturn.  Jason's experience with ESOPs offers valuable insight into managing these types of ESOP issues.

This episode will provide an overview of warrants used on ESOP transactions.  A simplified case study is provided to help understand the use of warrants and relevant issues.

This episode examines the seller's perspective and key management in evaluating the benefits and options of an ESOP, from the viewpoint of an experienced ESOP attorney

This episode focuses on assessing the issues related to leadership problems and solutions to strengthen your business to support ESOP transition.

This interview with ESOP experienced banker Joseph Sophia will help the listener to better understand the process the bank goes through in underwriting an ESOP loan and the potential changes with COVID-19.

This episode focuses on issues related to business volatility as it is a major hurdle for companies trying to go ESOP.  The episode focuses on solutions to help the companies address business volatility.

This episode explores partial ESOPs as either non-leveraged, non-leveraged with redemption, or leveraged.  It provides a good overview of each type with pros and cons so that the listener can better understand their options early on in the ESOP process.

This episode provides a unique perspective by interviewing Miguel Paredes - an independent trustee that has prior experience in working for the department of labor reviewing ESOPs.  We cover the DOL process agreement to better understand the approach to putting an ESOP deal together with best practices. 

This episode helps the listener better understand the process of merging entities and percentages to maximize the valuation and create a more sustainable ESOP. 

This interview focuses on the business valuation process to support the ESOP transaction with trustee expectations and role of valuation firm.  Will has over 20 years experience and offers insight into the process and current situation with Covid-19's effect on existing transactions and existing ESOP companies and how they may be utilizing interim valuations.

For companies on a journey to an esop - this episode covers the significance of addressing and mitigating business risk with a focus on the risk of a business in terms of their access to capital.  The podcast provides some ways to mitigate this risk.

This episode tackles the perspective of an ESOP insurance professional and the role that they play in the process of a new ESOP company.

In this episode details related to the ESOP tax exemption for S-Corporations and a brief discussion on its limitations that need to be addressed early on in the planning process.