Life After the Sale

By Danny Lamastra, in collaboration with the North Carolina Employee Ownership Center Launching an ESOP is a major milestone. For founders and leadership teams, it represents years of planning, negotiation, and vision finally coming to life. It’s natural to feel a sense of pride and relief. We did it! For employees, however, the experience may…

Employee ownership (EO) can be transformative for businesses across a wide range of industries. As more Baby Boomer-aged business owners reach retirement age (sometimes known as the Silver Tsunami), we are seeing more and more interest in EO models such as Employee Stock Ownership Plans (ESOPs), Worker Cooperatives, and Employee Ownership Trusts (EOTs).  While every…