Employee Share Ownership Plan (ESOP) - Could some of your employees be more invested in your business?

One of the encouraging things we see with an Employee Share Ownership Plan is employees beginning to think and act like business owners. Imagine if instead of just you, you had a team of key people within your business helping you achieve a win-win-win outcome for you, the business and them as employee-owners.   With an Employee Share Ownership Plan or ESOP, you can attract, retain, reward, and motivate your key employees and ensure that they are encouraged to display peak performance.

ESOP companies are less susceptible to negative external factors as employees are wholly devoted to business success. ESOPs also promote long-term sustainability as employees are committed to developing innovative products and processes which results in a significant competitive advantage..

ESOPs are a gradual and easily customisable succession path designed to fit your financial position and time frame. 

If you are exploring exit options suitable to implement over the next few years, we highly recommend you watching this recording.

Presenter:

Craig West, CEO and Founder Succesion Plus

Craig West is a strategic accountant who has over 25 years of experience advising business owners.

His background as a CPA in public practice provided invaluable experience in the key issues of concern to business owners.

Craig West now acts as a strategic business and financial mentor for mid-market business owners. Craig has written numerous critically acclaimed books educating business owners on employee incentives, succession planning, asset protection and exit
strategies.

Host:

Shirley Ng, National Manager, International Competitiveness