February 15, 2023 | Small Business Center Network (SBCN) Webinar – A Tax-Advantaged Succession Strategy: The Employee Stock Ownership Plan (ESOP)
January 8, 2024//Comments Off on February 15, 2023 | Small Business Center Network (SBCN) Webinar – A Tax-Advantaged Succession Strategy: The Employee Stock Ownership Plan (ESOP)
As a business owner, what will your legacy be?
Join the North Carolina Employee Ownership Center (NCEOC) to learn more about a tax-advantaged succession strategy, the Employee Stock Ownership Plan (ESOP). ESOPs can give a selling owner fair market value for their business, allow employees to build wealth, and keep jobs rooted in the local community.
- Business owners have put a lot of hard work into their businesses, and many of them are looking to retire or move on to something new.
- Only a small percentage of businesses are passed down from generation to generation, and 80% of businesses never even sell.
- Selling to one’s employees ensures that the owner gets fair market value for their business and their employees keep their jobs.
Speaker(s): Gale Marett, CFO, Salem Fabrication Technologies Group
When: February 15, 2024, 3:00-4:00 pm
Where: Virtual
Cost: FREE
Posted in Past Event